In early October, United States Trade Representative Katherine Tai delivered a speech at the Center for Strategic and International Studies (CSIS) outlining a new approach by President Joe Biden¡¯s administration to the U.S.-China bilateral trade relationship.
¡°We need to be prepared to deploy all tools and explore the development of new ones,¡± Tai stressed, although she did not elaborate.
Tai said that while Biden welcomes competition with China, he believes it is necessary to ensure that it is a healthy competition.
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