President Biden’s nominee for U.S. Trade Representative, Katherine Tai, has confirmed much of the administration’s trade policy in their Senate Finance Committee testimony. The administration will “dynamically work on a vision for where we take the U.S.-China trade relationship” and will enforce the phase 1 trade deal. New trade deals are not a short-term priority including with the EU or the CPTPP where “a lot has changed in the world in the past five or six years”. While much of Tai’s job will involve enforcing trade rules, including USMCA, ...