U.S. Trade Representative Katherine Tai on Monday will seek new talks with China over its failure to keep promises made in a “Phase 1” trade deal struck with former President Donald Trump, but will not pursue “Phase 2” negotiations over Beijing’s state subsidies and other structural issues.
Tai will not rule out the use of new tariffs to push China to meet the Phase 1 commitments made under Trump, said the officials, speaking on condition of anonymity.
Tai will not rule out the use of any trade tools to bring China into compliance with the deal, officials said, but did not offer a time frame for such actions. The deal is scheduled to expire at the end of 2021.
For the full Reuters story, click here.