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(Refiles to correct a typo in the first paragraph)
(Reuters) – Nearly three dozen of America’s most influential business groups have called on President Joe Biden’s administration to resume trade talks with China and cut tariffs on imports, a The Wall Street Journal reported https://www.wsj.com/articles / business-groups-call-on-biden-to-restart-trade-talks-with-china-11628212436? mod = latest_headlines Thursday.
Tariffs on Chinese products paid by U.S. importers were imposed to ensure Beijing fulfills its obligations under its 2020 Phase 1 trade pact with the United States.
In a letter to U.S. Trade Representative Katherine Tai and Treasury Secretary Janet Yellen on Thursday, the business groups said China had met “important criteria and commitments” in the deal, the company added. report, in particular by opening up markets to American financial institutions and reducing certain regulations. barriers to US agricultural exports to China.
“A worker-centered trade agenda should take into account the costs that US and Chinese tariffs impose on Americans at home and at home and remove tariffs that harm US interests,” the report quoting the letter said.
(Reporting by Akriti Sharma in Bangalore; Editing by Jacqueline Wong)
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