The inflation rate and interest rates both bottomed out under Trump because in bungling the pandemic, he sent the economy into a nosedive, stalled the supply chain causing countless companies to go out of business, ballooned the monetary supply by $4T, and removed tens of millions of workers from the US labor pool (3.5 million permanently so).
So yeah, inflation went through the roof when the world started working again after he was booted from office. The demand for labor increased while the supply has only recently returned to pre-pandemic levels, resulting in steep wage increases once business owners figured out it "for what I'm trying to pay" follows their whines of "nobody wants to work". The cost of fuel and raw materials, already artificially inflated by Trump's idiotic tariffs and deal with OPEC to raise prices, also went up.
And yet you want to blame Biden for the inflation...
And yeah, we should have tariffs on China, but your bumbling idiot threw them at anyone he felt had insulted him personally, which meant most of our allies because he was a clown and that was immediately evident anytime he was around actual world leaders.