Key Points
The United States is taking an analytical approach to its review of whether to keep tariffs on Chinese goods in place and will not base outcomes on any "breakthrough" in U.S.-China trade relations, Deputy U.S. Trade Representative Sarah Bianchi told Reuters...
Bianchi said in an interview on Saturday as a ministerial meeting of the U.S.-led Indo-Pacific Economic Framework talks wrapped up...
Instead, USTR is continuing to study industry and stakeholder comments on the duties consulting with the U.S. Commerce Department, the Treasury and other agencies to determine which categories make strategic sense, she said.. "Were taking a look at whats economically sound," added Ms. Bianchi, who oversees USTR's engagement in Asia...
Former U.S. President Donald Trump imposed the tariffs in 2018 and 2019 on thousands of imports from China valued at some $370 billion at the time, after a "Section 301" investigation found that China was misappropriating U.S. intellectual property and coercing U.S. companies to transfer sensitive technology to do business...
U.S. Treasury Secretary Janet Yellen that eliminating "non-strategic" tariffs would reduce costs for specific goods, while Trade Representative Katherine Tai argued that the duties represent "significant leverage" over China...
