Inflation Pushes Liberalized Trade Donald Trump withdrew the U.S. from TPP and imposed tariffs on trading partners. Joe Biden has proposed some new trade measures like IPEF, and maybe reducing some tariffs on China, but has not pursued market access negotiations. Inflation is the largest American concern and Republicans are expected to win the Congress this year based on such concerns. Thus, it is notable that Republicans in Congress are proposing inflation fighting measures that include their usual kit of reduced regulations, lower taxes and more energy production, but they have also returned to their political party’s roots of wanting new trade agreements.  WTO Meeting Extension Observers are hopeful that the WTO extending i...