Tai Discussed "Critical Imbalances" In Meeting With Chinese Com Min

United States Trade Representative Katherine Tai held a crucial meeting with Chinese Commerce Minister Wang Wentao today on the margins of the APEC trade meeting in Detroit today.

• According to a USTR statement, "Ambassador Tai also discussed the importance of the U.S.-China trade relationship in the global economy and the need for both sides to continue engaging with one another."
• "Ambassador Tai highlighted the need to address the critical imbalances caused by China’s state-led, non-market approach to the economy and trade policy. She also raised concerns about PRC actions taken against U.S. companies operating there."
• The meeting follows a meeting between Wang and Commerce Secretary Gina Raimondo yesterday - the first two cabinet-level meetings between US and Chinese officials since the 'spy balloon' incident in February.
• President Biden told reporters at the G7 last week that he expects to see a "thaw" in US Chinese relations and White House officals have stated that Biden is likely to hold a face-to-face meeting with Chinese President Xi Jinping in the coming months.