10-05-2021, 02:40 PM
U.S. will use all steps necessary to defend its economic interests against China, top trade official says
- U.S. Trade Representative Ambassador Katherine Tai slammed China’s unfair trade practices and vowed to protect U.S. economic interests in a speech Monday.
- “Our objective is not to inflame trade tensions with China,” Tai said in an address to an audience at the Center for Strategic and International Studies, a Washington-based think tank.
WASHINGTON – U.S. Trade Representative Katherine Tai slammed China’s unfair trade practices and vowed to protect U.S. economic interests in a speech Monday, adding that the Biden administration will rally allies in order to push back on the world’s second-largest economy.
“Our objective is not to inflame trade tensions with China,” Tai said in an address to an audience at the Center for Strategic and International Studies, a Washington-based think tank.
“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.
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