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USA: Little change seen in ‘new approach’ on China trade

Updated Oct 13, 2021
Tai said she plans to discuss with China its commitments under last year's U.S.-China Phase 1 trade agreement, though offered few details. "We will use the full range of tools we have and develop new tools as needed to defend American economic interests from harmful policies and practices," she said. "She very carefully said nothing," said Dan Sumner, an agricultural economist at the University of California, Davis. He said he took Tai's comments to mean there would be no significant changes from how the administration has approached trade policy during the past nine months, "which was no change from Trump." The Phase 1 deal slowed an escalating U.S.-China trade war that began in 2018, when the Trump administration began imposing tariffs on China over what the U.S. characterized as unfair trading practices. China retaliated with its own tariffs that targeted nearly all farm imports from the U.S., including California agricultural products such as nuts, fruit and wine. Under the ...
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