White House accuses China of not complying with Trump-era trade deal
The Biden administration is accusing China of ducking on its terms of the trade deal struck with former President Donald Trump, saying it will use “all available tools” to enforce the agreement to protect American workers and businesses from Beijing’s “unfair trade practices.”
US Trade Representative Katherine Tai on Monday will begin new talks with Chinese Vice Premier Liu He over China’s failure to honor the Phase One deal.
The pushback also involves a “targeted” process to review exclusions for certain Chinese imports from US tariffs, and, according to the White House, added pressure from American allies and economic partners around the world for more equitable and fair competition.
The discussions will “be a chance for Ambassador Tai to reiterate that the United States will defend itself, using all available tools, from state-directed industrial policies that harm our workers, producers, and overall economic interests,” a senior administration official told reporters in a conference call.
Tai will also make remarks on the administration’s trade strategy in a speech Monday in which she will condemn China’s “unfair trade practices” and show how they have “hurt our workers and our industries and have given Beijing an unfair advantage in the global trading system,” an administration official said.
“For too long, China’s lack of adherence to global trading norms has undercut the prosperity of Americans and others around the world,” Tai is expected to say, according to excerpts obtained by Reuters.
Trump and Chinese Vice Premier Liu He inked the Phase One trade deal in January 2020, requiring the Chinese Communist Party to increase its purchases of US farm and manufactured goods by $200 billion above 2017 levels.
“President Biden believes that while phase one did not meaningfully address our fundamental concerns with China’s trade practices, it’s important that China live up to the commitments and promises it’s made. These include promises that China made in the Phase One deal that benefit workers, farmers, and manufacturers across America,” a senior administration official said.
With Post wires