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Tuesday, June 15, 2021
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US trade barriers report blames China for trade issues

The Trump administration on Friday blamed China on a range of trade issues from its chronic industrial overcapacity to forced technology transfers and long-standing bans on US beef and electronic payment services.

The annual trade barriers list from the US Trade Representative’s office sets up more areas of potential irritation for the first face-to-face meeting between President Donald Trump and Chinese President Xi Jinping next week in Florida.

USTR, controlled by the White House, said that Chinese government industrial policies and financial support for industries such as steel and aluminium have resulted in over-production and a flood of exports that have distorted global markets and undermined competitive companies.

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