Warning: unlink(/tmp/jnewslibrary-gLe2yA.tmp): No such file or directory in /home/customer/www/gasiantimes.com/public_html/wp-admin/includes/class-wp-filesystem-ftpext.php on line 142
US trade chief Tai says US faces ‘very large challenges’ on China - Georgia Asian Times
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcast
ABOUT
Advertise in GAT
Contact us
Sunday, February 5, 2023
Georgia Asian Times
International Insurance of Georgia
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcast
  • Login
No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcast
No Result
View All Result
Georgia Asian Times
No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcast
Home Business

US trade chief Tai says US faces ‘very large challenges’ on China

United States still faces “very large challenges” in its trade and economic relationship with China that require the Biden administration’s attention across the board

Georgia Asian Times by Georgia Asian Times
May 27, 2021
in Business, Feature
US trade chief Tai says US faces ‘very large challenges’ on China

FILE PHOTO: U.S. Trade Representative Katherine Tai smiles after testifying before the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies during a hearing on the proposed budget for fiscal year 2022 for the Office of the U.S. Trade Representative on Capitol Hill, in Washington, U.S., April 28, 2021. Bill O'Leary/Pool via REUTERS/File Photo

Share on FacebookShare on Twitter

Washington DC, May 27, 2021 — US Trade Representative Katherine Tai said on Wednesday that the United States still faces “very large challenges” in its trade and economic relationship with China that require the Biden administration’s attention across the board.

Tai spoke with Reuters in an interview before her first virtual call with Chinese Vice Premier Liu He, a meeting where she raised “issues of concern,” according to her office.

“During their candid exchange, Ambassador Tai discussed the guiding principles of the Biden-Harris administration’s worker-centered trade policy and her ongoing review of the US-China trade relationship, while also raising issues of concern,” USTR said.

China’s commerce ministry described the talks as “a candid, pragmatic and constructive exchange”.

AD: High Museum of Atlanta

“Both sides view the development of bilateral trade as very important. (Both sides) exchanged views on issues of mutual concern and agreed to maintain communication.”

Washington and Beijing signed a Phase 1 trade deal in January 2020 after a two-year tariff war between the world’s two largest economy.

The Biden administration is conducting a comprehensive review of US-China trade policy, ahead of the expiry of the Phase 1 deal at the end of 2021.

Tai told Reuters the ‘Phase 1’ US-China trade deal was important but only one part of a challenging and complex relationship between the world’s two largest economies.

“The overall challenges that we have with China are also still there and they are very large,” Tai said.

Regarding the Phase 1 trade deal, which requires Beijing to vastly increase purchases of US agricultural goods, manufactured products, energy and services, Tai said: “Let’s put it in the context of the overall US-China trade, and economic relationship which is very, very challenging. And requires our attention all across the board.” — Reuters

 

Tags: chinaKatherine TaiTradeUSTR
Previous Post

Biden orders intelligence report on Covid-19 origins within 90 days

Next Post

Senate eyes R&D bill to counter China, bolster manufacturing

Georgia Asian Times

Georgia Asian Times

Related Posts

Worker pay rises strongly as businesses fight to fill jobs
Business

US adds a surprisingly strong 517,000 jobs despite Fed hikes

February 3, 2023
Biden goes after fees levied for flights, hotels and tickets
Business

Biden goes after fees levied for flights, hotels and tickets

February 2, 2023
Here’s what the Feds Quarter Point interest rate hike means for you
Business

Here’s what the Feds Quarter Point interest rate hike means for you

February 1, 2023
Anti-Asian hate ‘runs the gamut,’ racist Yelp reviews show
Business

Anti-Asian hate ‘runs the gamut,’ racist Yelp reviews show

February 1, 2023
Radioactive capsule that fell off truck found in Australia
Business

Radioactive capsule that fell off truck found in Australia

February 1, 2023
After Tesla price cut, Ford follows suit with Mustang Mach-E
Business

After Tesla price cut, Ford follows suit with Mustang Mach-E

January 31, 2023
Next Post

Senate eyes R&D bill to counter China, bolster manufacturing

Signup Free E-Newsletter

Upcoming Events

Feb 18
6:00 pm - 11:00 pm

Spring Festival 2023

View Calendar
Logo

 

CONTACT US

Follow Us

MOST INFLUENTIAL

GAT 25 Most Influential Asian Americans Gala celebrates Asian voice

GAT 25 Most Influential Asian Americans Gala celebrates Asian voice

July 18, 2022

Video highlights of GAT 25 Most Influential Asian Americans in Georgia

July 17, 2022

2022 GAT 25 Most Influential Asian Americans in Georgia-Awards Gala

July 17, 2022

LINKS OF INTEREST

ATL Asian Film Festival

GAT on Facebook

Lunar New Year of Rabbit - GAT Special Section
  • Contact Us
  • Advertise in GAT
  • ABOUT

© 2023 Georgia Asian Times - Empowered by 8SOL. Managed by Arckopolis.

No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcast

© 2023 Georgia Asian Times - Empowered by 8SOL. Managed by Arckopolis.

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

Warning: unlink(/tmp/jnewsfirstload-VltvNx.tmp): No such file or directory in /home/customer/www/gasiantimes.com/public_html/wp-admin/includes/class-wp-filesystem-ftpext.php on line 142