President Biden is reportedly considering removing Former President Donald Trump’s tariffs that were imposed upon China. The administration is under tremendous pressure from some officials and business interests who argue that removing the tariffs would help the struggling United States economy. With inflation at a 40-year high and supply chain issues plaguing businesses, the Biden administration must act.
Failure to do so would only cause Biden’s approval rating to sink even lower. However, unilaterally lifting tariffs on China would only telegraph weakness to the Chinese Communist Party (CCP). A parallel can be drawn to the administrations previous actions toward Russia involving the Nord Stream 2 pipeline.
In May of 2021, President Biden unilaterally lifted the sanctions on the Nord Stream 2 pipeline. The rationalization then was that such a move was in the United States interest as it would normalize relations with Russia. Instead, what it did was embolden Russia and show weakness. When Putin was weighing his decision to invade Ukraine it is possible that the United States appeasing Russia on the pipeline made the war more likely.
China covets its neighbor just as Russia did. The CCP has publicly stated that it considers Taiwan as a renegade province. It is not a matter of if it will attempt to reunify the island with the mainland, but when. The only question is whether that attempt will be through diplomatic means or by military force. If Biden surrenders on tariffs unilaterally the CCP may view this in the same way Russia viewed the Nord Stream 2 debacle.
Also, there is no evidence that lifting the sanctions will impact either the supply chain or inflation. If the Biden administration really wanted to battle inflation it would stop its war on American energy. It is President Biden’s cancelling of the Keystone pipeline as well as all federal oil leases in Alaska and the Gulf of Mexico that are contributing to increased fuel prices. When energy prices rise it causes inflation across the board. Instead of trying to appease China the Biden administration should look to domestic solutions for domestic problems.