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EU, US move to end steel row and look to China
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Business Scoop » NZUS Council Welcomes Increased Cooperation With New US Administration
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EU, US Move To End Steel Row And Point To China
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Washington DC [US], May 14 (ANI): United States Trade Representative Katherine Tai on Thursday said that Washington will not hesitate to call out China s coercive trade practices and added that Washington welcomes the trade competition but it must be fair. Speaking before a committee hearing on the Biden administration s trade policy agenda, Tai said, We will not hesitate to call out China s coercive and unfair trade practices that harm American workers, undermine the multilateral system, or violate basic human rights. We are working towards a strong, strategic approach to our trade and economic relationship with China. We welcome the competition. But the competition must be fair, and if China cannot or will not adapt to international rules and norms, we must be bold and creative in taking steps to level the playing field and enhance our own capabilities and partnerships, she added.