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The Exchange - 8 October 2021

2021-10-08
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  • Katherine Tai's Speech on Trade and Tariffs | U.S. Trade Representative Katherine Tai delivered remarks at the Center for Strategic and International Studies that outlined the future of the Biden administration's trade policy on China. Commentators are wary of Tai's words because they recognize that a complete decoupling from China would be detrimental to the U.S. economy. However, they understand that the U.S. must ensure that China's trade promises are kept.
  • Sullivan and Yang Meet in Switzerland | U.S. national security adviser Jake Sullivan met with Yang Jiechi, China's top foreign policy official, in Switzerland for six hours Wednesday. The meeting resulted in an agreement for President Joe Biden and President Xi Jinping holding a virtual meeting by the end of the year, the details of which are still being discussed.
  • Will China and/or the U.S. Join the Comprehensive Progressive Agreement for Trans-Pacific Partnership | Observers advocate for both China and the U.S. to join the CPTPP in order to enhance global trade and create mutually beneficial economic partnerships. To the chagrin of the majority, the U.S. has largely obfuscated from such discussions of CPTPP participation. However, China has already put in its bid for membership.

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