U.S. media lashes out at U.S. new tariffs on Chinese products

BEIJING, May 16 (Xinhua) -- U.S. media CNN has criticized the Biden administration's latest tariff hikes on an array of Chinese products as "a bad idea."

In a Tuesday article titled "What Biden's tariffs on Chinese imports may mean for American jobs, the economy and inflation," CNN said history and research have shown that the economic effects of tariffs often fail to "live up to the hype."

"Economists ex