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Biden s Trade Chief Tasked With Reset After Trump Tariff Chaos

Biden’s Trade Chief Tasked With Reset After Trump Tariff Chaos Bloomberg 2/23/2021 (Bloomberg) Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and  Weeks before the White House said it would keep tariffs in place on more than $350 billion in Chinese goods, Katherine Tai previewed the bad news to a group of U.S. business leaders. Tai, who is President Joe Biden’s pick for U.S. Trade Representative, told executives at a private meeting hosted by the Business Roundtable last month that lobbying for the duties to be removed wouldn’t work, according to people familiar with her remarks. Instead, companies keen to keep the so-called phase one trade deal struck by the Trump administration and Beijing should be prepared to live with the tariffs too, Tai said.

Biden s Trade Chief Tasked With Reset After Trump Tariff Chaos

Biden s Trade Chief Tasked With Reset After Trump Tariff Chaos
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Biden Taps Veteran Team to Clean Up After Trump s China Fights

Biden Taps Veteran Team to Clean Up After Trump’s China Fights Bloomberg 1/20/2021 The veteran officials President-elect Joe Biden has chosen to manage the U.S.’s fractured relationship with China are familiar throughout Asia. But they’ll find the region’s landscape dramatically changed after four years of “America First” upheaval. Ties between Washington and Beijing have sunk to their lowest point since the height of the Cold War, while the U.S.’s alliances across Asia have been strained by President Donald Trump’s combative trade policies and demands for more troop funding. Biden’s national security team, led by long-time aides such as Antony Blinken and Jake Sullivan, are expected to leave much of Trump’s China policies in place for a period of time as they grapple with domestic crises and work with allies to build a more multilateral strategy to counter Beijing.

Biden aims for new course on trade, breaking with Trump and Democratic predecessors

Biden aims for new course on trade, breaking with Trump and Democratic predecessors David J. Lynch © Joshua Lott/The Washington Post Katherine Tai speaks at the Queen theater in Wilmington, Del., on Dec. 11 after President-elect Joe Biden formally nominated her to be his U.S. trade representative. It may not take long for President-elect Joe Biden to distinguish his trade policy from his predecessor’s “America First” approach. When members of the World Trade Organization meet in Geneva to agree on a new chief, probably within a few weeks of Inauguration Day, Biden could drop the Trump administration’s veto of the consensus candidate, former Nigerian finance minister Ngozi Okonjo-Iweala, and allow her to become the first woman to head the global trade body.

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