The Office of the United States Trade Representative (USTR) has published a factsheet on the Biden Administration's new approach to the trade relationship with China (PRC). This follows a speech delivered on 4 October 2021 by Trade Representative Katherine Tai on the new approach. Further, the USTR has announced a request for public comments on the reinstatement of targeted exclusions of Chinese products subject to Section 301 tariffs.
The main points of the factsheet are as follows:
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