Bloomberg Surveillance: Adewale Adeyemo on Inflation

US Deputy Treasury Secretary Adewale Adeyemo discusses the Biden administration's efforts to address inflation and boost the economy. They touch on progress made for the middle class, supply chain challenges driving inflation, tax relief investments, and national security risks. They also discuss the CFIUS process, Russia's invasion of Ukraine, and trade negotiations. Additionally, they address China's trade violations and competition in the automotive industry through tariffs and collaboration with allies.