U.S., China Trade Reps Hold Candid Meeting Last Week
USAgNet - 06/01/2021
U.S. Trade Representative Katherine Tai and Chinese Vice Premier Liu He held their first phone call last week, discussing the importance of the trade relationship between the two countries.
"During their candid exchange, Ambassador Tai discussed the guiding principles of the Biden-Harris Administration's worker-centered trade policy and her ongoing review of the U.S.-China trade relationship, while also raising issues of concern," USTR explained in a brief statement.
The administration announced they are conducting a comprehensive review of U.S.-China trade policy. U.S. pork faces a minimum 33 percent import tariff in China--a 25 percent retaliatory tariff, plus 8 percent Most Favored Nation rate--while competitor nations only have the 8 percent MFN tariff--placing U.S. pork at a significant competitive disadvantage.
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