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6/22, 4:27 PM (Source: TeleTrader)
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China tariffs adjustment to make US more competitive - Tai

United States Trade Representative Katherine Tai confirmed on Wednesday the government is moving forward on China tariffs, with President Joe Biden considering possible decisions.

Speaking before the Senate Appropriations Committee, Tai argued it is essential for Washington's actions against Chinese goods to make the US more competitive in defending its economic interests.

The tariffs on the imports of Chinese goods are considered leverage to the Biden administration, Tai said, adding that it's time to "turn the page on the old playbook" regarding the trade relations between the US and China.

Baha Breaking News (BBN) / ND