Investing

U.S. trade chief Tai says ‘time is of the essence’ in China trade review By Reuters

© Reuters. U.S. Trade Representative Katherine Tai testifies before the Senate Finance Committee on Capitol Hill in Washington, U.S., May 12, 2021. Pete Marovich/Pool via REUTERS

WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai said on Thursday that expired exclusions from “Section 301” tariffs on Chinese goods will be addressed as part of the Biden administration’s review of trade policy, an analysis where “time is of the essence.”

Tai said in testimony to the House Ways and Means Committee that the Biden administration “will not hesitate to call out China’s unfair trade practices that harm American workers, undermine the multilateral system or violate basic human rights.”

“We welcome fair competition. But if China cannot or will not adapt to international rules and norms, we must level the playing field,” she added.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button