Biden trade czar Tai eagerly awaited in Washington and Brussels
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[February 24, 2021] By
David Lawder and Andrea Shalal
WASHINGTON (Reuters) - Katherine Tai,
President Joe Biden's pick to revamp U.S. trade policy to focus on
workers and "ordinary Americans" over corporations, will get a chance to
explain what that will mean in practice at her confirmation hearing on
Thursday.
Tai's testimony before the Senate Finance Committee has been anxiously
awaited for months by industry, U.S. trading partners from Beijing to
Brussels, labor groups and lawmakers - all in a long queue to lobby Tai
as soon as she is confirmed.
As U.S. trade representative, or trade "czar," for the world's largest
economy, biggest importer of goods and second largest exporter after
China, Tai will wield immense clout, especially after four years of
trade turmoil sown by former President Donald Trump.
Tai, the top trade lawyer for the House of Representatives Ways and
Means Committee, is seen as a tireless and unflappable negotiator,
deeply knowledgeable about China, who recently won praise for getting
tougher labor and environmental standards added to the
U.S.-Mexico-Canada trade deal.
She has been guarded about her specific plans, but industry officials
and congressional aides say one thing is clear - she will add labor
concerns to the equation.
In January, Tai told the National Foreign Trade Council that U.S. trade
policy must be "worker centric," focusing on people as wage earners and
not just consumers - a key message repeated often by other top Biden
economic policy experts.
In Geneva, the U.S. delegation recently spoke up with concerns about
Myanmar's record of violating labor rights and using forced labor - a
statement administration officials say reflects an increased focus on
workers at home and abroad.
The incoming director of the World Trade Organization, Ngozi
Okonjo-Iweala, said Biden's trade officials agree with her about the
need to make trade relevant to everyday people to rebuild confidence in
the global trade body and the global economy.
While Britain, Kenya, Japan and others are clamoring for new or expanded
trade deals, the Biden administration has put any new negotiations on
hold until after a comprehensive review of all Trump trade policies.
For now, Tai will focus on enforcing existing trade deals, including
provisions aimed at protecting workers that she herself helped add to
the U.S.-Mexico-Canada trade deal.
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Katherine Tai, U.S. President-elect Joe Biden's nominee to be U.S.
Trade Representative, speaks after Biden announced her nomination
during a fresh round of nominations and appointments at a news
conference at his transition headquarters in Wilmington, Delaware,
U.S., December 11, 2020. REUTERS/Mike Segar/File Photo
One European official said Brussels was waiting to see how Tai will implement
Biden's pledge to rebuild ties with allies.
"We hope to start seeing the first signs of how she will make this happen. And
of course: putting disputes to bed ASAP," the official said, referring to
tariffs on steel and aluminum, and aircraft, and digital services taxes that
Trump put in place or threatened.
"Her job ... will be to reassure the senators she’s going to be tough on the
other countries that are taking advantage of us," said William Reinsch, a trade
expert at the Center for Strategic and International Studies in Washington. "She
will be expected to take a hard line on China," he said.
Senate Finance Committee Chairman Ron Wyden has pledged to move Tai's nomination
quickly, which means she could get a Senate vote by next week or the following
week, making her the earliest USTR confirmed in the job since the early 1990s.
Harry Broadman, managing director at Berkeley Research Group, said the huge
interest in Tai's hearing reflected the growing importance of trade to the U.S.
economy. "It's a sign of the times. People are very eager to get her on board,"
he said.
Ken Monahan, trade policy chief for the National Association of Manufacturers,
said he expects Tai would play a key role in shaping trade policy, in
consultation with Treasury Secretary Janet Yellen, national security adviser
Jake Sullivan and Secretary of State Antony Blinken.
"When it comes to trade actions and negotiations, I have no doubt that Katherine
will be in the driver's seat," he said.
(Reporting by David Lawder and Andrea Shalal; Editing by Leslie Adler)
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