U.S.-China Trade Relationship Significantly Imbalanced, Tai Says

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The trade relationship between the two largest economies in the world has “significant imbalance” and the Biden administration is committed to leveling it, according to the U.S. trade representative.

Speaking on the weekend before a meeting of Asia-Pacific trade ministers, Trade Representative Katherine Tai said there are parts of the U.S.-China relationship “that are unhealthy and have over time been damaging in some very important ways to the U.S. economy.” She was speaking to reporters and responding to a question about whether the U.S. would continue with its trade deal signed with China in January 2020 and retain tariffs on Chinese goods.

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