USTR Tai urges new laws aimed at Chinese overseas steel investment

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WASHINGTON :The U.S. Trade Representative said on Tuesday she supported updating U.S. trade laws to combat circumvention of existing anti-dumping and anti-subsidy duties, including tools aimed at subsidized Chinese investment in steel production elsewhere in southeast Asia.Katherine Tai made the remarks in Wa

WASHINGTON :The U.S. Trade Representative said on Tuesday she supported updating U.S. trade laws to combat circumvention of existing anti-dumping and anti-subsidy duties, including tools aimed at subsidized Chinese investment in steel production elsewhere in southeast Asia.

"We just need more tools and they need to fit the purpose. Because the tools that we have, we know how they can be effective and we know where the limitations are," Tai said, adding that she wanted to create a new level playing field.

 

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