U.S. not yet ready to lift tariffs on China, says trade negotiator Tai
The Hindu
Duties aimed ‘to remedy unbalanced, unfair trade situation’.
President Joe Biden’s new trade negotiator has said the United States is not yet ready to lift tariffs on Chinese imports, but could be open to talks with Beijing. U.S. Trade Representative Katherine Tai, whose appointment was confirmed earlier this month, told The Wall Street Journal she understood the levies were hitting some American companies and consumers, but they can also protect businesses. In January 2020, then-president Donald Trump signed an accord between Beijing and Washington after a bruising trade battle that saw tariffs imposed by both sides.
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