US trade representative: “Frank” talks with Beijing in the coming days

Today, Monday, the US trade representative will announce “frank talks” in the coming days with her Chinese counterpart on the implementation of the bilateral agreement signed in 2020, according to excerpts from a speech she will give to a US think tank.

“China has made commitments that will benefit some American industries, including agriculture, and we need to ensure they are honored,” said Catherine Tay’s speech, which will be delivered at 10:00 local time (14:00 GMT). in front of the Center for Strategic and International Studies.

In his speech, Tai will announce the start of a “path that includes the adoption of specific tariff exemptions” imposed by the administration of former US President Donald Trump between 2018 and 2020, on Chinese goods with an annual value. of 370 billion dollars.

Many companies criticize these punitive, imposed tariffs in response to Chinese business practices deemed “unfair”. A US official, speaking on condition of anonymity, explained that these tariffs will continue in based on this path of exceptions.

US President Joe Biden asked Catherine Taye to conduct a general review of US trade strategy towards China.

Read More About: Business News

Follow AsumeTech on

More From Category

More Stories Today

Leave a Reply