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- U.S. will use all steps necessary to defend its economic interests against China - U.S. Trade Representative
U.S. will use all steps necessary to defend its economic interests against China - U.S. Trade Representative
CNBC reports that U.S. Trade Representative Katherine Tai slammed China’s unfair trade practices and vowed to protect U.S. economic interests.
“Our objective is not to inflame trade tensions with China,” Tai said.
“But above all else, we must defend to the hilt our economic interests and that means taking all steps necessary to protect ourselves against the waves of damage inflicted over the years through unfair competition,” said Tai, the nation’s top trade official.
During her address, Tai confirmed a CNBC report last week saying that the Biden administration believed that Beijing has not complied with the phase one trade deal. The deal is slated to expire at the end of 2021.
Tai said that she was looking forward to leading the negotiations with the Chinese on behalf of the Biden administration, despite seemingly little appetite from Beijing to improve the bilateral relationship.
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