Analysts are looking at how the new U.S. Trade Representative, Katherine Tai, will impact the country’s trade relationships with China:
“Tai will play a large role in shaping the Biden administration’s trade strategy — with an approach that recognizes China as ‘simultaneously a rival, a trade partner and an outsized player,’ in the global trade landscape, Tai said. ‘I know firsthand how critically important it is that we have a strategic and coherent plan for holding China accountable to its promises,’ she said during her confirmation hearing.”
P.S. Trade relationships have a huge impact on supply chains and costs. 8th & Walton advisors help suppliers run a nimble business and keep costs down as much as possible — whether their production is state-side or international. Work with our advisors to stay ahead of changes that could impact your business. Book a consultation today.