The latest talks follow the White House having announced on Tuesday that the Biden administration willled by Tai, to halt the “hollowing out” of American industry and the erosion of critical supply chains for products such as semiconductors and medicines.to boost US competitiveness in the face of mounting geopolitical tension with China.
The US Department of Commerce did not immediately release a statement about the talks between Wang and Raimondo.“normal communication”The meeting between Liu and Tai had represented an overdue call between the two sides’ top trade negotiators, with the last such talks taking place in August during Donald Trump’s presidency.which was signed in January 2020 and took effect a month later, calls for top-level contact every six months.
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