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US wants to correct ‘imbalances’ in China economic relations, says trade representative Katherine Tai

Summary:
[unable to retrieve full-text content]The trade relationship between the two largest economies in the world has a “significant imbalance” and the Biden administration is committed to levelling it, according to the US trade representative Katherine Tai.“There are parts of this trade relationship that are unhealthy and have over time been damaging in some very important ways to the US economy,” Tai said on Saturday in response to a question about whether the United States would continue with a trade deal signed with China in January…

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[unable to retrieve full-text content]
The trade relationship between the two largest economies in the world has a “significant imbalance” and the Biden administration is committed to levelling it, according to the US trade representative Katherine Tai.“There are parts of this trade relationship that are unhealthy and have over time been damaging in some very important ways to the US economy,” Tai said on Saturday in response to a question about whether the United States would continue with a trade deal signed with China in January…

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