10/4/2021, 5:15 PM (Source: TeleTrader)
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US to consider new tools in dealing with China - Tai

United States Trade Representative Katherine Tai said on Monday that the US will use the "full range of tools" to protect its economic interests in dealing with China, and could consider developing new ones. However, she added the Biden administration's goal is "not to inflame trade tensions with China."

Tai outlined a number of steps in Washington's approach to trade with Beijing, including starting a "targeted tariff exclusion process" and addressing China's "state-centered and non-market trade practices." She stated she intends to hold "frank conversations" with her Chinese counterpart, adding that the future trade relations between the two countries depend on "where the conversation goes."

Baha Breaking News (BBN) / DJ