New US-China trade plan leaves industry hungry for specifics


Katherine Tai speaks at the Center for Strategic and International Studies in Washington on Oct 5, 2021. - Bloomberg

WASHINGTON (Reuters): Having waited eight months for US Trade Representative Katherine Tai's promised "top-to-bottom" policy review of trade with China, some US industries and experts were complaining over the plan's lack of specifics on negotiations or timing.

Unveiling her plan on Monday (Oct 4), Tai, President Joe Biden's top trade official, pledged to hold talks with Chinese officials over their failure to meet the terms of former President Donald Trump's "Phase 1" trade deal, and to revive a process to grant exclusions from tariffs on Chinese imports.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

China , US , trade , talks , Katherine Tai

   

Next In Aseanplus News

Heartbreak as Speedy Tigers lose to Pakistan after last-minute goal in Ipoh
Upset win for Ridwan
Don't make comparisons to previous govt, says Dr Wee on country's press freedom ranking
India waits for details on arrests in Canada over Sikh separatist's murder
Tragedy strikes South Sulawesi as landslides and floods claim 15 lives, says disaster agency
Asean News Headlines at 10pm on Saturday (May 4, 2024)
Northern Gaza facing widespread famine that may spread to south, says top UN official
Singapore public warned against consuming three health products that contain potent ingredients, including steroids
Heatwave hammers Thailand's stinky but lucrative durian farms
Indonesia to permanently relocate 10,000 people after Ruang volcano eruptions

Others Also Read