US Trade Representative Katherine Tai speaks during a hearing with the House Ways and Means committee at Capitol Hill on Thursday. Photo: AFP
US needs new legal tools to combat China threats, says trade chief Katherine Tai
- Tai told US lawmakers that existing trade laws seek to protect US firms after they have already been harmed, rather than anticipating and preventing damage
- New tools could lay the groundwork for future new tariffs to shield more US industries or be used as leverage in negotiations.
US Trade Representative Katherine Tai speaks during a hearing with the House Ways and Means committee at Capitol Hill on Thursday. Photo: AFP