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US Business People Asked Biden to Talk to China

US business people asked Biden to talk to China. Business people want to start trade relations with China. Here are the details..

US Business People Asked Biden to Talk to China
Yazar: Eylem Özer

Yayınlanma: 7 Ağustos 2021 17:40

Güncellenme: 23 Kasım 2024 08:19

US Business People Asked Biden to Talk to China

US business people asked Biden to talk to China. Business people want to start trade relations with China.

It was stated that the major business groups of the USA asked the Joe Biden administration to restart trade talks with China and lower import tariffs. According to a report in The Wall Street Journal, some major business groups, including the US Chamber of Commerce, the National Retailers Association and the Semiconductor Industry Association, have written letters to Treasury Secretary Janet Yellen and US Trade Representative Katherine Tai on the subject. In the letter in question, business people claimed that China has fulfilled important criteria and commitments in the trade agreement. Referring to the Biden administration's policy of prioritizing employee interests, the letter said, "An employee-centered trade agenda must account for the costs of US and Chinese tariffs to Americans and remove tariffs that harm US interests."
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