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Biden administration ‘strike force’ to combat unfair trade

Biden administration ‘strike force’ to combat unfair trade

Al Jazeera
Tuesday, June 08, 2021 02:20:59 PM UTC

Task force will work to strengthen US supply chains that officials say have been weakened by unfair trade practices.

The United States will target China with a new “strike force” to combat unfair trade practices, the Biden administration announced on Tuesday, as it rolled out findings of a review of US access to critical products, from semiconductors to electric-vehicle batteries. The “supply chain trade strike force”, led by the US trade representative, will look for specific violations that have contributed to a “hollowing out” of supply chains that could be addressed with trade remedies, including towards China, senior administration officials told reporters. Officials also said the Department of Commerce was considering initiating a Section 232 investigation into the national security impact of neodymium magnet imports used in motors and other industrial applications, which the US largely sources from China.
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