Biden's top trade official will outline steps to enforce China's Phase 1 trade agreement.
as China has become more assertive globally.
The officials said Tai would “soon” start by engaging with her counterpart in China, but beyond diplomacy, it wasn’t clear what additional measures the administration has for leverage. Biden, however, has not lifted Trump’s tariffs on China-made goods, although administration officials said they would restart a process in which targeted goods could be excluded from the higher duties. The officials speaking Sunday emphasized that they were not opposed to applying new tariffs in seeking to ensure that China complies with its commitments.
But China was running more than 30% short of its promised purchases through August, said Chad Bown, an economist at the Peterson Institute for International Economics who has been tracking the trade flows. China is doing relatively well in terms of imports of U.S. farm goods, Bown said, and Beijing could make big purchases of U.S. aircraft and other manufactured goods to close the gap. But even if such large deals occur, analysts doubt China can meet its commitments by the end of the year.
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