With inflation strangling the economy and Joe Biden's approval rating scraping along at a sub-Trump 41%, the White House is under increasing pressure to take conspicuous action against inflation soon.

According to Pew Research, Americans consider price inflation the biggest problem facing the country by far, with 93% saying it's a "very big" or "moderately big" problem. Meanwhile, just 28% of voters approve of Joe Biden's handling of the issue. 

Against that grim political backdrop, in a Sunday appearance on CNN's "State of the Union," Commerce Secretary Gina Raimondo said the White House is considering tariff cuts:

"The president has asked us on his team to analyze (the potential for tariff reductions) and so we're in the process of doing that for him and he will have to make that decision.

I will say it depends on what we're talking about—on what kinds of products. So, for example, steel and aluminum—we've decided to keep some of those tariffs because we need to protect American workers and we need to protect our steel industry; it's a matter of national security.

There are other products—household goods, bicycles—it may make sense and I know the president is looking at that."