News Snapshot:
The United States will target China with a new “strike force” to combat unfair trade practices, the Biden administration said on Tuesday, as it rolled out findings of a review of US access to critical products, from semiconductors to electric-vehicle batteries. The “supply chain trade strike force,” led by the US Trade Representative, will look for specific violations that have contributed to a “hollowing out” of supply chains that could be addressed with trade remedies, including toward China, senior administration officials told reporters. Officials also said the Department of Commerce was considering initiating a Section 232 investigation into the national...
