The U.S. and China plan to hold high-level conversations soon to review the implementation of the phase one trade deal, signed in January 2020. The last talks, which the two-year deal stipulates must occur every six months, were in August of 2020.
U.S. Trade Representative Katherine Tai, sworn in on March 18, 2021, on Wednesday said she expects to engage her Chinese counterpart Liu He “in the near term.” “It is our responsibility in the Biden-Harris administration to carry forward the relationship, where we do not shy away from being tough, but where we also know we must be fair and must be future focus-oriented,” she told an online event hosted by the Financial Times.
The deal stipulated that China alter its intellectual property protections and practices in exchange for large purchases by China of American agricultural products. American tariffs on roughly $350 billion in Chinese imports to the U.S. remain in place.
Market access for U.S. chicken products was granted prior to the signing of the phase one trade deal.
