President Joe Biden could decide “pretty soon” on a modest relief package to roll back some U.S. tariffs imposed on China in an effort to tamp down inflation, said Clete Willems, who previously served as deputy director at the National Economic Council.

“What we are expecting that the president is deciding on is a relatively modest list of potential tariff suspensions in order to fight inflation. Some of the reports indicate that it’s on the order of magnitude of about $10 billion out of over $360 billion that are currently being imposed on China,” Willems, currently a partner at Akin Group, told CNBC’s “Squawk Box Asia” on Wednesday.

Willems, who was a top White House trade negotiator during the Trump administration, noted the move is likely to come together with other actions “that are perceived as tough on China” like a “potential new investigation into China’s industrial subsidies.”

In May, Biden said he could drop some of the tariffs imposed against Chinese imports to help control rising consumer prices in the U.S.

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