China-US Relations

U.S. Trade Representative Katherine Tai discussed trade policy on a podcast yesterday, touching on various China trade issues such as the Section 301 tariffs and overall bilateral trade relations.

The U.S. Uyghur Forced Labor Prevention Act, which took effect earlier in the summer, imposes legal obligations that some experts have described as "very difficult, sometimes near impossible" to satisfy. Serving as a near embargo on imports of goods sourced from Xinjiang, the law not only affects trade activities

At a Carnegie Endowment for International Peace event today, U.S. Trade Representative Katherine Tai offered her thoughts on various aspects of U.S.-China trade relations.

Surveys carried out by Chinese and U.S. business groups show that their companies are facing some headwinds in the other's market. Growing tensions between the two nations remain a big challenge for companies in both markets, and China's COVID related measures are also a major problem for American businesses.

On August 26, Chinese and U.S. regulators announced that they signed an agreement on audit supervision cooperation. Officials on both sides made public comments offering their perspective on what was in the deal. Whether the deal will avert the delisting of over 200 Chinese companies on U.S. stock

China's Customs agency announced that it would suspend beef imports from a U.S. company due to the detection of an illegal substance, an outstanding issue that the United States and China were supposed to work on under the Phase One Agreement.

A report issued by the National Committee on American Foreign Policy (NCAFP) highlighted divergent views and shared concerns between U.S. and Chinese professionals over current U.S.-China relations, and underscored that "immediate discussion" is warranted to explore "how to rebalance the bilateral economic relationship."