• U.S. trade chief Tai to unveil Biden's China trade strategy on Monday

Market news

1 October 2021

U.S. trade chief Tai to unveil Biden's China trade strategy on Monday

Reuters reports that U.S. Trade Representative Katherine Tai will unveil the Biden administration’s long-awaited strategy for the troubled U.S.-China trade relationship in a speech on Monday at a Washington think tank.

Tai will deliver remarks on her review of China trade policy at the Center for Strategic Studies in Washington and participate in a question-and-answer session.

Since taking office in March, Tai has been conducting a top-to-bottom review of Washington’s China trade policy.

U.S. Joe Biden has kept in place tariffs on hundreds of billions of dollars of Chinese imports imposed by former president Donald Trump.

Tai’s remarks at 1400 GMT on Monday will mark the start of the final three months of the “Phase 1” U.S.-China trade deal struck that Trump struck with Beijing at the start of 2019, easing a tariff war between the world’s two largest economies.

Biden administration officials say China has not met its Phase 1 trade deal commitments and they intend to hold it to its international trade commitments

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