United States Trade Representative Katherine Tai reaffirmed the Biden administration’s commitment to trade action during remarks at Semafor’s “State of Made in America” event Wednesday.
A congressionally mandated four-year review of Section 301 tariffs has been long awaited by the public, and Tai stated that the Biden administration is still in process of evaluating whether the Chinese government has improved its trade practices and how the U.S. can continue a trade rebalance. However, Section 301 tariffs, which were set to expire on Sept. 30, were extended until the end of 2023, and Tai’s remarks suggest that the Biden administration continues to see the need for trade action to counter continued economic manipulation.
