Dai Qi will step up pressure on China to launch new trade investigation

 
Dai Qi will step up pressure on China to launch new trade investigation  In a recent interview with Reuters, U.S. Trade Representative Dai Qi said that the United States is preparing a new China trade policy and will be more aggressive in putting pressure on Beijing. People familiar with the matter said that the United States may launch a new round of trade investigations including Section 301, which may lead to additional tariffs or embargoes.  Comprehensive international media reported on the 26th that Katherine Tai told Reuters in an interview this week that the United States will not stop pushing to challenge China and promote its reforms, "but we can no longer stand idly by and wait for China to make a decision."  "We need to turn the rules to a new page," she stressed.   Dai Qi pointed out that the United States is preparing a new approach to China's trade policy, emphasizing that it will be more active in putting pressure on China. She did not provide details, but said Washington needs new and more efficient tools to defend its economic interests and strengthen its competitiveness against China.  According to people familiar with the matter, the United States may launch a new trade investigation into China, which could lead to additional tariffs and even an embargo on China.  There are reports that the United States is considering a new round of Section 301 investigations into China's industrial subsidy practices.  The Joe Biden administration could also invoke Section 337 of the 1930 Tariff Act to take action against China's violations of intellectual property protections, said William Reinsch, senior adviser at the Center for Strategic and International Studies (CSIS), a Washington-based think tank. .  This provision authorizes U.S. Customs to prohibit the importation of products that infringe U.S. patents.   The U.S. Congress is also considering legislation to strengthen protection of trade secrets and speed up the investigation and exclusion process.  Dai Qi also pointed out that the USTR is formulating its first trade strategy on the grounds that she is concerned about China's forced labor in Xinjiang.  After the outbreak of the Russian-Ukrainian war, Western countries led by the United States imposed sanctions on Russia. Jamieson Greer, a former senior U.S. trade official, said Western sanctions on Russia could serve as a reference for future actions against China.  But Dai Qi emphasized that the "one-size-fits-all" approach will not work. She said it is dangerous for the United States to conflate two different countries, economies, and different situations.  The United States recently announced tariff exemptions for 352 Chinese products, down from the 549 previously considered.

In a recent interview with Reuters, U.S. Trade Representative Dai Qi said that the United States is preparing a new China trade policy and will be more aggressive in putting pressure on Beijing. People familiar with the matter said that the United States may launch a new round of trade investigations including Section 301, which may lead to additional tariffs or embargoes.

Comprehensive international media reported on the 26th that Katherine Tai told Reuters in an interview this week that the United States will not stop pushing to challenge China and promote its reforms, "but we can no longer stand idly by and wait for China to make a decision."

"We need to turn the rules to a new page," she stressed.

Dai Qi pointed out that the United States is preparing a new approach to China's trade policy, emphasizing that it will be more active in putting pressure on China. She did not provide details, but said Washington needs new and more efficient tools to defend its economic interests and strengthen its competitiveness against China.

According to people familiar with the matter, the United States may launch a new trade investigation into China, which could lead to additional tariffs and even an embargo on China.

There are reports that the United States is considering a new round of Section 301 investigations into China's industrial subsidy practices.

The Joe Biden administration could also invoke Section 337 of the 1930 Tariff Act to take action against China's violations of intellectual property protections, said William Reinsch, senior adviser at the Center for Strategic and International Studies (CSIS), a Washington-based think tank. .

This provision authorizes U.S. Customs to prohibit the importation of products that infringe U.S. patents.

The U.S. Congress is also considering legislation to strengthen protection of trade secrets and speed up the investigation and exclusion process.

Dai Qi also pointed out that the USTR is formulating its first trade strategy on the grounds that she is concerned about China's forced labor in Xinjiang.

After the outbreak of the Russian-Ukrainian war, Western countries led by the United States imposed sanctions on Russia. Jamieson Greer, a former senior U.S. trade official, said Western sanctions on Russia could serve as a reference for future actions against China.

But Dai Qi emphasized that the "one-size-fits-all" approach will not work. She said it is dangerous for the United States to conflate two different countries, economies, and different situations.

The United States recently announced tariff exemptions for 352 Chinese products, down from the 549 previously considered.
Previous Post Next Post

Translate / Choose Your Language

Answer / Free classified ads / Any information me ⤵️