No USTR ‘Timeline’ for Completing Tariffs ‘Review’: Tai

U.S. Trade Representative Katherine Tai has “no specific timeline” for her agency’s completion of its “top-to-bottom” review of U.S. trade and economic policy toward China (see 2105130054), she told a House Ways and Means Committee hearing Thursday on President Joe Biden’s trade policy agenda. “This is our opportunity to assess the overall situation and to formulate some thoughtful policies that are going to lay out a strategy for where we are going to go,” Tai told Rep. Drew Ferguson, R-Ga. The Section 301 tariffs and tariff exclusions on Chinese imports “will be important components of this review,” she said. “I hope that you will see soon some more specific details on next steps, which I’m not in a position to share as of right now and today.”