WASHINGTON (Reuters) -The United States will target China with a new “strike force” to combat unfair trade practices, the Biden administration said on Tuesday, as it rolled out findings of a review of U.S. access to critical products, from semiconductors to electric-vehicle batteries.
FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing, China, January 21, 2021.
REUTERS/Tingshu WangThe “supply chain trade strike force,” led by the U.S. trade representative, is looking for specific violations that have contributed to a “hollowing out” of supply chains that could be addressed with trade remedies, including toward China, senior administration officials told reporters.
“Obviously, a number of Chinese industrial policies have contributed to vulnerable U.S. supply chains,” the official said.
Biden has said China will not surpass the United States as a global leader on his watch, and confronting Beijing is one of the few bipartisan issues in an otherwise deeply divided Congress.
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