Friday, May 14, 2021

USTR States Biden Administration Commitment to "Strong, Strategic, Bold, and Creative" Response to China's Unfair Trade Practices

In testimony at hearings on the President's Trade Agenda May 12, 2021, at the Senate Finance Committee and May 13 at the House Ways and Means Committee, Ambassador Katherine Tai,

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 we must be bold and creative in taking steps to level the playing field and enhance our own capabilities and partnerships. I’ve been encouraged that our trading partners also recognize this challenge and they are willing to find a common approach to our shared concerns. Our security will depend on diversifying and securing the supply lines for the products. Improving our trade relations with trusted Allies and partners will not only improve our prosperity but our national security.

The full text of her remarks are available HERE.

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