The US trade representative said he would hold frank dialogue with China on economic and trade issue

Original title: the US trade representative said he would have a frank dialogue with China on economic and trade issues
Author Xu Yuan Gao Pan

US trade representative Dai Qi said on the 4th that the United States plans to have a frank dialogue with China on the implementation of the first phase of China US economic and trade agreement and industrial policy. She said that the US side had no intention of & ldquo; Intensification & rdquo; Trade tensions with China.
Dai Qi delivered a speech at the center for strategic and international studies, an American think tank, on the same day, and expounded the Biden administration's vision of trade policy towards China for the first time. She said that the US China Economic and trade relations have a far-reaching impact. As the world's two largest economies, how the United States and China get along affects not only the two countries themselves, but also the world.
Dai Qi said that the US government's previous means of dealing with economic and trade issues with China failed to solve the fundamental concerns of the US side, and the Biden government will seek to & ldquo; Brand new, comprehensive and pragmatic & rdquo; Handle economic and trade relations with China in a new way. She also said that the United States would work with its allies to formulate & ldquo; Fairness & rdquo; And use all policy tools to protect the U.S. economy from & ldquo; Unfair & rdquo; Injury from competitive behavior.
Dai Qi said that the United States will start a targeted tariff exemption procedure to allow American enterprises to apply for exemption from the additional tariffs on some Chinese goods exported to the United States. She also proposed that the United States and China & ldquo; Long term coexistence & rdquo; And seek to open up a new path to change the pattern of bilateral trade between the United States and China.
In the subsequent Q & a session, I was asked about the U.S. - China economy & ldquo; Decoupling & rdquo; Dai Qi said that it is unrealistic for the world's two major economies to stop trade. The question the US side may want to think about is, & ldquo; We seek something & lsquo; Re hook & rsquo; What is your goal & rdquo;.
Gary middot, senior researcher of Peterson Institute for international economics, an American think tank; Hefbauer told Xinhua that there were positive factors in Dai Qi's speech, such as talking about & ldquo; Re hook & rdquo; Not & ldquo; Decoupling & rdquo;, The United States and China must coexist and grant additional tariff exemption for Chinese goods exported to the United States.
Some American business groups are disappointed that Dai Qi did not explicitly mention the cancellation of tariffs on China. Gary middot, President of the American consumer Technology Association; Shapiro said in a statement on the same day that the Biden government should end these tariffs that hurt American enterprises and consumers. Since the outbreak of trade disputes, the American people have borne an additional tariff cost of more than $90 billion. Earlier, about 30 influential American business groups wrote in August urging the Biden government to reduce the tariffs imposed on Chinese goods, saying that the tariffs increased the burden on American people and enterprises and dragged down American economic growth.
Chinese Foreign Ministry spokesman Hua Chunying said recently that the essence of China US economic and trade relations is mutual benefit and win-win. Fighting a trade war will only bring double losses. China has always firmly upheld the multilateral trading system with the WTO as the core and acted in accordance with international trade rules. It is hoped that the US side will earnestly respect the principles of market economy and international economic and trade rules and work with China to promote the healthy and stable development of China US economic and trade relations.