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The Biden administration is not seeking to sign a Phase 2 bilateral deal with China, U.S. Trade Representative Katherine Tai said Thursday during a Senate hearing. Read also Ukraine, a hot China/US Cold War conflict? Former U.S. President Donald Trump signed Phase 1 of a trade treaty with Vice Prime Minister Liu He in January 2020 that included a commitment to purchase $200 billion worth of U.S. goods. This first step was to be followed by a second phase intended to address more delicate issues such as the protection of intellectual property. During her hearing before the House on Wednesday,...
