[Epoch Times October 03, 2021](Epoch Times reporter Lin Yan comprehensive report) US Trade Representative Dai Qi will deliver a speech on the Biden administration’s China policy next Monday (October 4). This is the first step taken by the Biden administration to resolve a series of problems between the United States and China since taking office nearly nine months ago.
The Wall Street Journal published an article on Saturday (2nd) that Dai Qi’s speech at the Washington Think Tank Center for Strategic and International Studies (CSIS) next Monday morning may be her most detailed assessment of China’s strategy, but many Specific policies must be implemented through regulatory procedures and may not be fully explained in a single speech.
American business groups have been urging the Biden administration to confirm, including whether the White House plans to start negotiations with Beijing on the follow-up to the first phase of the trade agreement reached in January 2020, and whether it will continue to impose tariffs on Chinese imports.
The U.S. is close to completing its trade policy with China
Since taking office in March this year, Dai Qi has been conducting government review procedures, basically avoiding answering any trade questions related to China. She has publicly stated in the past that she would work within the scope of the first phase agreement of the Trump administration. The agreement includes an as yet untested mechanism for execution in the event that one party fails to fulfill its promise.
The Politico website published an interview with Dai Qi on Thursday (September 30). She revealed that the Office of the Trade Representative (USTR) is close to completing its review of the Trump administration’s trade policy towards China and has accurately formulated new guidelines on US-China trade relations.
Dai Qi said that the Biden government plans to continue to advance on the existing basis of imposing tariffs on Chinese imports because the Chinese (CPC) government has failed to fulfill its obligations under the trade agreement reached during the Trump era.
The first phase of the Sino-US trade agreement will expire at the end of this year. Statistics show that China has failed to fulfill its commitment to purchase additional US$200 billion in US goods. The Biden administration faces the issue of how to resolve China’s failure to implement the contract and whether to negotiate a follow-up agreement.
In the interview, she said that the review of China’s trade policy will be completed “soon”, but did not disclose the specific time.
Dai Qi refused to confirm whether he would talk to Liu He in the near future
Dai Qi declined to comment on whether she has plans to meet with the Chinese trade representative and Vice Premier Liu He in the near future.
The first phase of the trade agreement requires that Sino-US trade negotiators meet every six months. The two parties had only one introductory call after Dai Qi became the trade representative in May.
“I think it is very important to review their performance with China. This will be the most critical first step in my mind.” Dai Qi said of the two-year Sino-US trade agreement.
Dai Qi: 301 tariff is a tool to create effective policies
The Wall Street Journal quoted sources familiar with the matter in September that the White House is considering an investigation into China’s industrial subsidies under Article 301 of the US Trade Law and may impose new tariffs on China. The White House also hopes to cooperate with Japan and other Asian allies and seek support within the World Trade Organization to deal with China’s subsidies.
When asked about the Section 301 tariffs, Dai Qi said that the Section 301 tariffs “have the effect of attracting the attention of many people.”
She said that this includes American companies, their workers, trading partners, and obviously, China is concerned about Section 301 tariffs.
“In this sense, I want to say that the 301 tariff is a tool for creating effective policies. It is something we can learn from and use in fully defending the interests of the American economy, American workers, American companies, and our farmers.” Dai Qi said.
In the past, the Trump administration used Section 301 to impose tariffs on imports from China and the European Union.
At the same time, Dai Qi said that she is open to new methods in putting pressure on China and reforming its practices.
“We have a lot of experience we can learn from.” Dai Qi said, “I think our direction has always been the right direction, one hand is participation, the other is execution. But over time, we must measure our effectiveness.”
Are the tariffs ultimately paid by consumers?Dai Qi denied
Dai Qi also questioned the claim that tariffs are ultimately paid by American consumers. She said that this is a more complicated calculation than many people think.
“The arrangement of our economic interests and stakeholders in the economy is very complicated, and you must take this complexity into account for such important things as dealing with US-China trade and economic relations,” she said.
The relationship between the United States and the European Union Dai Qi: It is also a relationship between people
For the first eight months, the Biden administration has been convening major trading partners—including the European Union, Australia, and Japan—to fight Beijing’s economic behavior.
Dai Qi attended the first meeting of the U.S.-Europe Trade and Technology Committee (TTC) in Pittsburgh this week, hoping to unite with EU officials to resolve pressing trade and technology issues, including Beijing’s long-standing market-distorting behavior that the United States has been accusing. , Such as forced technology transfer and industrial subsidies.
Although the joint statement after the meeting did not mention China, the outside world believed that Beijing was clearly the primary target.
When referring to cooperation between Europe and the United States in an interview published on Thursday, she said: “The relationship between governments is abstract, but they are also relationships between the people who make up the government.” “We will continue to advance. When challenges arise, You must be able to complete and communicate. This is what makes the relationship stronger.”
Editor in charge: Lin Yan#
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