Implications of the New U.S.-China Trade Policy for U.S. Business
US Trade Representative Katherine Tai recently announced the results of the Biden Administration's strategic review of the US-China trade relationship. In short, the administration has concluded that “For too long, China’s lack of adherence to global trading norms has undercut the prosperity of Americans and others around the world.”
U.S. Trade Representative Katherine Tai recently announced the results of the Biden Administration strategic review of the US-China trade relationship. In short, the administration has concluded that “For too long, China’s lack of adherence to global trading norms has undercut the prosperity of Americans and others around the world.” To deal with this situation, Ambassador Tai announced a number of provisions including stepped-up enforcement of the Phase One Agreement, a targeted tariff exclusion process and further, significant objections to China’s state-centered and non-market trade practices that Beijing appears to be using more and more in recent years. What are the implications of this “New Approach to the U.S.-China Trade Relationship” for companies doing business in and with China? And for US- China commercial relations more generally?
If you are interested in these topics, then join Christopher Marquis, Cornell professor and host of the China Corner Office Podcast, for a live Webinar recording featuring guests, Craig Allen and Anna Ashton, President and Vice President, Government Affairs of the US-China Business Council. On October 21 at 1pm ET, they will sit down to discuss these topics and more.
On July 26, 2018, Craig Allen began his tenure as the sixth President of the United States-China Business Council (USCBC), a private, nonpartisan, nonprofit organization representing over 200 American companies doing business with China. Prior to joining USCBC, Craig had a long, distinguished career in US public service. His last government position was as US Ambassador to Brunei Darussalam (December 2014–July 2018). Before that, Craig served in Washington as Deputy Assistant Secretary for China (2012–2014) in the Department of Commerce’s International Trade Administration (ITA), and as Deputy Assistant Secretary for Asia (2010–2012).
Anna began her tenure at the US-China Business Council in January 2016. Since August 2019, she has served as the senior director and later vice president of government affairs, developing and implementing USCBC’s advocacy on behalf of member companies. She previously served as the director of business advisory services, leading staff across USCBC’s three offices in providing member companies with analysis of China’s commercial policies, business operating environment, and best practices. Anna has served as a China analyst in both public and private sector positions. She began her career as an intelligence officer for the Department of Defense, where she briefed the Vice President, the Secretary of Defense and top military officials on strategic China issues.
Chris Marquis is the Samuel C. Johnson Professor in Sustainable Global Enterprise and Professor of Management at the Cornell University Johnson College of Business. Prior to joining Cornell, he worked for 10 years at Harvard Business School and has held visiting professorships at Harvard Kennedy School, Hong Kong University of Science and Technology, Peking University, Fudan University, and Shanghai Jiaotong University. Marquis’ current teaching and research examines how the interaction between corporations, governments and civil society lead to socially and environmentally beneficial outcomes, with a particular focus on China. He received a PhD in sociology and business administration from the University of Michigan.