U.S. Trade Representative Katherine Tai said Beijing’s non-compliance during phase one of the current U.S.-China trade deals would become a point of future talks. An economics expert said he expects that the United States will remain tough on tariffs against China. On Oct. 14, Tai vowed in Geneva to address the issues of China’s failure to live up to its commitments in upcoming conversations with China. “There is a need for us to find a new way of engaging and competing with China,” said the trade negotiator. She said that the latest talks are a “good start.” China is required to buy $200 billion worth of additional U.S. goods and services during the two-year period of 2020 and 2021, according to the phase one trade deal signed during the Trump administration. Data analysis shows China met about 58 percent of its purchase commitments through 2020, and 69 percent by Aug. 2021 Milton …
US Tariffs on China Won’t Relax Much: Expert
October 18, 2021
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