US President Biden Calls On Businesses To Abolish Taxes And Reduce Prices Due To High Inflation | Reuters


On September 26, US President Joe Biden called on gas station operators, banks and mobile phone companies to abolish tariffs or reduce prices in consideration of consumers facing high prices. Photo taken in the White House on the same day in 2022. REUTERS / Jonathan Ernst

WASHINGTON (Reuters) – US President Joe Biden on Thursday urged gas station operators, banks and mobile phone companies to abolish taxes or cut prices to help consumers cope with higher prices.

Speaking at a White House meeting, he said “unnecessary” expenses such as bank overdraft fees and cell phone cancellation fees are hurting household budgets. You also said gas stations need to cut prices “now”.

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