Rolling back U.S.-China tariffs would ease inflation in the U.S., former Treasury secretary says-Published Nov 30, 2021 by Weizhen Tan Key Points: Eliminating tariffs imposed on goods during the worst of the trade war would help ease inflation in the U.S., former Treasury Secretary Jacob Lew told CNBC. But there's currently "no political space" to do so, he said on CNBC's "Street Signs Asia." Worries over inflation have shot up this year, as energy prices spiked and the ongoing supply chain crisis led to shortages of goods. But Lew said there's been "a bit of excess nervousness about inflation." Source: CNBC Article: https://www.cnbc.com/2021/11/30/removing-us-china-trade-tariffs-would-ease-inflation-jacob-lew.html (opens in a new window) Video Link: https://www.cnbc.com/video/2021/11/30/u-s-unlikely-to-put-in-place-further-fiscal-stimulus-packages-despite-spread-of-omicron-variant-former-treasury-secretary.html Summarize the selected article in a well-written summary