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EU, U.S. say they can partner to hold China to account on 'trade-distorting policies'

Published 05/17/2021, 06:42 AM
Updated 05/17/2021, 06:45 AM
© Reuters. FILE PHOTO: U.S. and European Union flags are pictured in Brussels, Belgium February 20, 2017. REUTERS/Francois Lenoir

(Reuters) - The United States and the European Union issued a joint statement on Monday saying that they can partner to "hold countries like China that support trade-distorting policies to account".

The statement was issued by the United States Trade Representative Katherine Tai, U.S. Secretary of Commerce Gina Raimondo, and European Commission Executive Vice President Valdis Dombrovskis.

The statement announced the start of discussions to address global steel and aluminum excess capacity.

Latest comments

Trump is about action. Biden is just cheap talk.
Both become roast pork
Well said Simon.Trump mastered the art of trade and trading distorting policies during his short tenure, via tweets mostly!
US is the sole power on earth who is powerful enough to implement "trade-distorting policies", if you look at what it has done to world supply chain of chipset, 5G...
Katherine Tai just wanted to show to her superior that she only look like Chinese but actually she is not a Chinese..
😂😂😂
do it
Settle your covid19 first
Joker
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