The Biden administration is ramping up efforts to counter China’s predatory trade practices, announcing on Wednesday that it will launch “an investigation of acts, policies, and practices of the People’s Republic of China (PRC) targeting the maritime, logistics, and shipbuilding sectors for dominance.”
The Office of the U.S. Trade Representative said it decided to move ahead with the probe after an official review of a trade petition filed by the United Steelworkers (USW) and four other unions. Speaking at United Steelworkers headquarters in Pittsburgh, President Biden pledged his administration will take “a real hard look at the Chinese government’s industrial practices” and take action if necessary.
