U.S. Constitutes 'Strike Force' targeting China to combat unfair trade practices

Biden administration sets up 'strike force' to go after China on trade

The "supply chain trade strike force," led by the U.S. trade representative, will look for specific violations that have contributed to a "hollowing out" of supply chains

 

 The united states is going to be aimed at China's new "zarbali of power" in order to combat unfair commercial practices directive, the Biden administration said on Tuesday, the release of the results of a survey of all of semiconductors for battery-powered electric vehicles to be critical of the united states.

The Supply chain Trading, the Strike Group, which is chaired by the U.S. trade Representative, will have to look for some of the violations that have led to the "destruction" of the supply chain, and will seek to remove trade remedies at law, including those in China, senior officials told reporters.

The officials also said the u.s. Commerce Department's revocation of the protection, in order to examine the section 232 to affect the import of the neodymium magnets are for use in motors and engines, and other industrial applications, of which the united states is mainly obtained from the China's national security.

In February, former President, Joe Biden, recently ordered a critical supply chain management, on the basis that the question of whether the executive body of the reports within 100 days of the risks associated with being critical of U.S. goods, such as those used in the pharmaceutical industry, as well as the rare-earth elements, relative to the Us's dependence on foreign sources.

However, while this idea is certainly not aimed at China, it is a part of the Biden administration's broader strategy to strengthen U.S. competitiveness in the face of the economic challenges facing the world's second-largest economy in the world.

The united states has been faced with serious challenges in medical equipment during the COVID-19 pandemic and are now facing a major bottleneck, with a wide range of industries, including computer chips, to stop the production of goods such as cars.

The US government is required to issue a more comprehensive statement, a year after Biden, in order to identify the local production doors, start, and policies are in place to deal with them.

THE TRADE WAR WITH THE ALLIES, AND DON'T WANT TO

A senior official said that the united states has supported the unfair business practices of a foreign government" of all of the four sectors covered by the initial review process, including public subsidies, and intellectual property, transfer of power.

"It is clear that a number of Chinese industrial policies, which are very sensitive to the damaging phenomenon of the falling supply to US is," the official said. "I think you're going to see that this is the striking force will be under discussion at the moment, some of the political developments in China."

The united states does not have the intention to wage a trade war with our allies and partners," the official said, noting that the strike force, the center will continue to be very consciously directed."" 

 Medical administration to use the Defense Production Act to speed up the process of developing the next 50 to 100 key drugs in the country, rather than relying on imports.

And to deal with the bottlenecks are, from wood to steel, which raises concerns about the rate of inflation-government is to create an inspection task force, which deals with the "residential, construction, semiconductor, transportation, agriculture, and food.

Semiconductors are the core of a wide-ranging law that is currently being considered by Congress that would provide billions of dollars to the creation of a domestic production capacity of the chips that are used in everything from consumer electronics to military equipment.

Biden has said that China will overtake the united states as a global leader, in his eyes, as well as the opposition to Beijing's few bipartisan issues, the rest is a deeply divided Congress.

But some lawmakers have expressed concerns that the package of bills related to China, it contains a considerable expense, as a taxpayer, have to say, for a company that does not have security measures in order to prevent them from being sent to the concerned in the production and research in China.

The official said that the success of the event with the operations of the supply chain, the suppliers, the products of the like-minded allies and partners in the size of geopolitical competition.

"We're going to build all of the houses here. However, we need to see more of in-house manufacturing capabilities for the core products, " the official said.