U.S. President Biden pledges to fight inflation
Owen Fairclough

U.S. President Joe Biden on Tuesday pledged to make life cheaper for the most vulnerable families as new data showed that the price of fuel – one of the costliest outgoings – is hitting new highs.

Biden underlined a number of initiatives his administration wants to implement to mitigate the highest inflation for decades.

CGTN's Owen Fairclough reports his options are limited in the face of a global inflation surge. 

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