October 6, 2021
The Biden Administration’s U.S.-China Trade Strategy: A Primer
On October 4, 2021, United States Trade Representative Katherine Tai announced the Biden Administration’s highly anticipated strategic plan on U.S.-China trade policy, which set an overall goal of “building resilience and competitiveness” for American workers and the economy. As Data and Policy Analyst Tom Lee notes, while the plan lays out four steps to achieve this goal, it offers little detail on how the administration plans to implement the steps.
- The Biden Administration’s strategic plan on U.S.-China trade policy offers few specifics, suggesting that much of the administration’s trade strategy has yet to be decided and depends on the outcome of future discussions between the United States and China.
- The vague plan provided little new information to the American businesses that are severely impacted by the U.S.-China trade war.
- The specifics it does offer imply that the Biden Administration will continue many of the Trump Administration’s protectionist policies toward China.