‘Lay out the strategy’: Corporate America grows impatient on Biden’s China trade review

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Corporate America was happy to give President Joe Biden a chance to reset his predecessor’s approach to China. Now, they want action.

from more than 30 large corporate interest groups urging the administration to provide relief from Trump’s tariffs and return to the negotiating table with China. “These steps are sorely needed to mitigate the tariffs’ significant and ongoing harm to the U.S. economy, U.S. workers, and U.S. national competitiveness,” wrote the groups, including the U.S. Chamber of Commerce and Business Roundtable.

The administration says Biden has already moved to repair diplomatic relationships with allies burned by Trump’s bombastic style by signing a deal to, agreeing to work with them to combat Chinese steel flooding global markets, and creating a new Trade and Technology Council with the EU. But officials from corporate America say they see those efforts as largely symbolic, and that they still don’t know what the White House aims to achieve by talking more with friendly nations.

 

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Screw Corporate America. Doing business with China is like doing business with Himmler. Time to start raising tariffs on China every month until they: 1. End genocide 2. End militarization of S. China Sea 3. End organ harvesting 4. End cyber theft 5. Honor Hong Kong treaty

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