China Plans Tax Relief of Over $21 Billion to Lift Economy

The transcript discusses China's economic measures, including $21 billion in tax relief for businesses and other fiscal steps to boost the economy. It highlights Premier Li Keqiang's supply-side approach and concerns about increasing debt. The transcript also covers the US's consideration of removing tariffs on China, driven by inflation concerns and political factors ahead of the midterm elections.

What are the implications of President Biden's consideration to remove tariffs on China?

How might the upcoming midterm elections influence President Biden's decisions regarding China?