Gary Cohn, who had served as a former US President Trump Economic Counselor, urged the Biden government to cancel the tariffs on Chinese goods to help relieve inflation.
According to Bloomberg, Kon, who had served as the president of Goldman Sachs Group, delivered a speech at the TPM22 conference organized by a commercial magazine organized by a commercial magazine in California on Monday.When he talked about rising prices, he said: "Tariffs are just more expensive products, which has led to greater problems in politics."
Americans are experiencing the strongest inflation since the early 1980s.In January, the consumer price index rose 7.5 % year -on -year.
Corn, who is currently the vice chairman of IBM, resigned in 2018. At that time, the Trump administration began to impose tariffs on various Chinese products to punish China's suspected theft of intellectual property rights.Beijing has denied these allegations.
Biden retained these tariffs as a leverage to convince China to comply with the signing of a trade agreement with the Trump administration in early 2020.
