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USTR Nominee: Tariffs Are Legitimate Tool In Trade Policy

US

President Biden's nominee for the position of US Trade Representative Katherine Tai iscurrently speaking at her Senate confirmation hearing.

  • Tai says in response to a question says "Tariffs are a legitimate tool in the trade tool box and tariffs are a very important part of our fair trade remedies tool box." Seeks to emphasise that tariffs are only one of many tools available in trade policy.
  • Steve Overly at Politico tweets: "Tai says that tariffs are an important tool for enforcing fair trade. On steel and aluminum tariffs specifically, Tai adds that China's overcapacity is a problem for the global marketplace and there needs to be an effective solution that looks at all policy tools."
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