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The Biden administration has unveiled its long-awaited strategy for U.S.-China trade policy in a major speech delivered on Oct. 4 by U.S. Trade Representative (USTR) Katherine Tai. Though short on details, Tai’s remarks provided the outline of an overarching strategy to manage China’s “zero-sum” approach to global trade. She affirmed the administration’s broader trade priorities of negotiating from a position of strength—which necessitates substantial investments in the domestic economy—and ensuring that U.S. trade policy reinforces the well-being of workers and the resiliency of critical supply chains.
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Read the original article: Taking Stock of the New U.S. Trade Policy on China