How Washington could fight America's record inflation - NewsBreak

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By Bryan in Business
Updated 2 years ago

With US prices rising at a rate not seen in decades, President Joe Biden's administration is looking for ways to turn the tide. From relaxing tariffs on China to addressing the semiconductor shortage, there are many actions Washington could take to keep price increases in check. However, analysts warn that few will offer immediate relief from the price surge that has struck the world's largest economy this year as it bounces back from the Covid-19 pandemic: