Biden administration to press China to meet trade deal commitments

The U.S. administration of President Joe Biden said Monday it will start talks with China soon to press the world's second-largest economy to comply with a bilateral trade deal signed by his predecessor Donald Trump, without ruling out the use of new tariffs.Following a months-long review of trade policy with China, U.S. Trade Representative Katherine Tai said the "phase one" deal has not fully addressed concerns over China's unfair trade practices, while Beijing is falling short of some of its commitments included in the deal."Our analysis indicates that while commitments in certain areas …READ FULL ARTICLE