US-China trade: expect more carrots and sticks from Biden White House, analysts say


Source: scmp.com scmp.com

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Washington will continue its “carrot and stick” approach to trade with China, analysts said after a top US trade official unveiled the White House’s long-awaited policy on the issue . US trade representative Katherine Tai formally laid out the White House’s China trade policy in a speech to the Washington think tank Centre for Strategic and International Studies on Monday morning, nearly nine months into the presidency of Joe Biden . Tai’s address followed a top-to-bottom review of import tariffs and other measures imposed by the administration of Biden’s predecessor Donald Trump. In her speech, Tai said China had failed...