Washington DC [US], May 14 (ANI): United States Trade Representative Katherine Tai on Thursday said that Washington will not hesitate to call out China s coercive trade practices and added that Washington welcomes the trade competition but it must be fair. Speaking before a committee hearing on the Biden administration s trade policy agenda, Tai said, We will not hesitate to call out China s coercive and unfair trade practices that harm American workers, undermine the multilateral system, or violate basic human rights. We are working towards a strong, strategic approach to our trade and economic relationship with China. We welcome the competition. But the competition must be fair, and if China cannot or will not adapt to international rules and norms, we must be bold and creative in taking steps to level the playing field and enhance our own capabilities and partnerships, she added.
USTR report indicates hardline approach will continue, saying unfair trade practices harm American workers and businesses
It will also target ‘widespread human rights abuses of the Chinese government’s forced labour programme’ in Xinjiang
his profile and so all of this, i think, continues to be wrapped up in his approach to these very important national security issues where he puts first and foremost his interests financial, business, personal ahead of the country s. perhaps the united states would not be in the middle of a trade war with china if there had been trump tower beijing a long time ago, maybe 100 story hotel. but that is not where we are, we re in the middle of a trade war. we re coming up on the 40th anniversary of normalization of relations in january. 40 years ago. 40 years ago. but 40 years later things are looking fairly bleak. where do we go from here? there s no question that china trade practices are unacceptable. forced technology and joint venture requirement, actual theft can you path number on that theft, by the way? in the tens of billions of
the trade issues. the delegation includes trade adviser peter navarro and representative robert lightheiser and larry kudlow and steve mnuchin. officials noted that all four are critical of the china trade practices. before officials head to china, the u.s. could have another trade fight. tariffs on steel and aluminum back in march and gave countries exemptions. those expire in 24 hours. it makes up 2/3 of steel and aluminum imports. it includes allies like eu, canada and mexico. global stocks are higher. see if the market moves on t-mobile buying sprint for $26 billion. leaving three carriers in the u.s. wall street closed higher friday just barely all three indices