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US' Tai eyes legal tools to combat China

The US needs new trade law tools to head off anti-competitive threats from China against key high-tech industries, rather than reacting once harm is done, US Trade Representative Katherine Tai (戴琪) said on Thursday. Tai told a hearing of the US House of Representatives’ Ways and Means Committee that existing trade law tools are more aimed at protecting US industries and companies after they have already been injured by illegal price dumping and subsidies, or other unfair competition. “I ...
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Here's what Trump's tax returns could mean for the investigations into his finances

Heres what Trumps tax returns could mean for the investigations into his finances jshamsian@insider.com (Jacob Shamsian) © Diane Bondareff/Invision/AP Donald Trump in his Trump Tower office in 2012. Diane Bondareff/Invision/AP The Supreme Court has paved the way for the Manhattan DA to get Donald Trumps tax returns. A former Trump Organization executive and Trumps personal lawyer told Congress he kept two sets of books: One to pay low taxes, another for bank loan rates. Prose...
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Source: msn.com

Trump's tax returns: What they mean, and why prosecutors want them

In January 2017, Trump held a press conference with his three eldest children and pointed to a large pile of papers that he said showed he was withdrawing from the Trump Organization and giving all control over to Eric Trump and Donald Trump, Jr. He has never permitted reporters to look at those purported documents. Eric Trump, Ivanka Trump, Donald Trump Jr, and Vice President-elect Mike Pence look on as President-elect Donald Trump conducts a press conference at...
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Plaskett to sit on influential House panel

The expectation that V.I. Delegate to Congress Stacey Plaskett will join the powerful U.S. House of Representatives’ Ways and Means Committee is being viewed as not only historic but an opportunity for the Virgin Islands to have a much-needed voice for economic development at the highest level. As the first member of a territory to join the exclusive tax-writing committee, Plaskett said she intends to “vigilantly watch” for scurrilous tax policy and proposals that in previous yea...
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Katherine Tai: Biden's choice of top trade diplomat well-poised to confront China

The 45-year-old Ms Tai, the chief trade counsel on the House of Representatives Ways and Means Committee, worked for the Office of the US Trade Representative (USTR) from 2007 to 2014. During this time, she rose to become the chief trade enforcer against unfair trade practices by China from 2011 to 2014, roping in trade partners to successfully bring cases against China in the World Trade Organisation. "She understands that we need to be more strategic in how we trade - in a way that makes us ...
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Biden's choice of top trade envoy seen as well poised to confront China

The Straits Times She also has ability to navigate domestic politics and garner bipartisan support, say experts Ms Katherine Tai, President-elect Joe Bidens nominee for the post of US Trade Representative, speaking at the Queen Theatre in Delaware on Friday, after being introduced by him. If confirmed by the Senate, Ms Tai - whose parents were born in mainland China and grew up in Taiwan before moving to the US as graduate students - will be the first Asian American in the post. PHOTO: AGENCE F...
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