The United States is conducting a comprehensive review of China’s trade policies, including imposing Section 301 tariffs on about $370 billion in imports from China, as well as granting exemptions to some products from the tariffs, U.S. Trade Representative Dickey said on Wednesday.
According to Reuters, Dyche made the remarks before the U.S. Senate Appropriations Committee, saying she would work to get China to comply with commitments made in the “first phase” of trade agreements reached between the two sides during Trump’s tenure, which included promises to buy more U.S. seafood and other products, as well as intellectual property and agricultural regulatory reforms and opening up the financial sector. She noted, however, that although the agreement calls for semi-annual ministerial consultations between the two sides, no high-level meetings have been scheduled with high-level Chinese officials.
She also said efforts are underway to resolve the dispute with the EU over U.S. steel and aluminum tariffs and EU retaliatory measures, but any solution would need to address global steel and aluminum overcapacity, and mainly in China.
The Section 232 tariffs imposed by former President Trump have had a positive impact on U.S. steel production, but have also brought retaliatory tariff costs, according to Dyche. But she did not suggest that the Biden administration was prepared to eliminate these national security tariffs, which are designed to strengthen U.S. steel and aluminum production.
In response to questioning, Dyche repeatedly avoided questions about the tariffs, instead discussing the need for the United States and the European Union to join forces to address overcapacity in China.
In addition, Dyche said senior officials from the United States, Mexico and Canada will meet in the coming weeks to discuss related issues under the provisions of the new North American trade agreement. She said she was “not afraid” to use the enforcement provisions of the U.S.-Mexico-Canada agreement launched last year.
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