The goal is to make the tariffs more strategic, but reducing tariffs on imports might also help with inflation.

Solar installers argue that the climate change benefits of solar power generation should be considered alongside any unfair trade practices of Chinese solar manufacturers. Experts think success with this argument would inevitably "open the door to a thousand other requests."

Bloated inventory spurs the second forecast reduction in three weeks.

She points to slowing growth in the core inflation rate as indicating that price hikes are moderating. Still, in this geopolitical climate, "we can't rule out further shocks."