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U S trade chief readies tariffs against six countries over digital taxes
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U S trade chief readies tariffs against six countries over digital taxes
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Katherine Tai confirmed as top U.S. trade negotiator
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Katherine Tai is shown during her confirmation hearing for U.S. Trade Representative on February 25, 2021. She was approved by the Senate Wednesday. Photo by Tasos Katopodis/UPI | License Photo
March 17 (UPI) Katherine Tai became the United States lead trade negotiator Wednesday after the Senate approved the former Congressional staff attorney for the key economic spot 98-0.
Tai, 46, is the only Asian American woman appointed to Biden s cabinet. Tai, whose parents immigrated to the United States from Taiwan, will advise the president on a slew of existing trade tariffs, enforcing a new trade deal with Mexico and Canada and a host of other issues.
Live Updates: Biden Casts Doubt on May Deadline to Remove U S Troops from Afghanistan
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In Washington, âFree Tradeâ Is No Longer Gospel
Like its predecessor, the Biden administration has largely dispensed with the idea of free trade as a goal in and of itself.
Shipping containers at the Port of Oakland. Biden trade officials have promised to continue seeking export opportunities for American companies, but they say they have shifted their focus to protect workers.Credit.Justin Sullivan/Getty Images
March 17, 2021
WASHINGTON â For decades, the principle of âfree tradeâ inspired a kind of religious reverence among most American politicians. Lawmakers, diplomats and presidents justified their policies through the pursuit of freer trade, which, like the spread of democracy and market capitalism, was presumed to be a universal and worthy goal.