{"id":1303815,"date":"2022-02-16T17:07:40","date_gmt":"2022-02-16T22:07:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1303815"},"modified":"2022-02-16T17:07:43","modified_gmt":"2022-02-16T22:07:43","slug":"us-goes-after-china-for-balking-on-its-free-trade-agreements","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-goes-after-china-for-balking-on-its-free-trade-agreements\/","title":{"rendered":"US Goes After China For Balking On Its Free Trade Agreements"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fus-goes-after-china-for-balking-on-its-free-trade-agreements%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1303815&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><aside id=\"right1forarticles\">\n<\/aside>\n<div id=\"ob-read-more-selector\">\n<p>U.S. officials are once again accusing China of walking away from its commitments to the World Trade Organization (WTO) to open up its economy and halt anti-competitive practices that hurt foreign businesses, the Associated Press reported Wednesday.<\/p>\n<p>The U.S. made the accusations in <a href=\"https:\/\/ustr.gov\/sites\/default\/files\/enforcement\/WTO\/2021%20USTR%20Report%20to%20Congress%20on%20China&#039;s%20WTO%20Compliance.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">its annual report<\/a> to Congress on China\u2019s compliance with WTO trade commitments, such as opening up its economy to foreign businesses without artificial barriers. U.S. Trade Representative Katherine Tai argues that China has shown no signs of opening up its economy and has instead gone in the other direction.<\/p>\n<p class=\"Component-root-0-2-55 Component-p-0-2-46\">\u201cChina has instead retained and expanded its state-led, non-market approach to the economy and trade,\u201d Tai <a href=\"https:\/\/apnews.com\/article\/business-china-united-states-global-trade-economy-a11b052670722860d74656759695d38e\" target=\"_blank\" rel=\"noopener noreferrer\">told the AP<\/a>. \u201cChina\u2019s policies and practices challenge the premise of the WTO\u2019s rules and cause serious harm to workers and businesses around the world.\u2019\u2019<\/p>\n<p>Combating China\u2019s trade practices has been a key priority for both President Joe Biden and former President Donald Trump. Trump imposed retaliatory tariffs on $360 billion worth of Chinese imports during his administration, tariffs that Biden has chosen to continue to enforce. <strong><a href=\"https:\/\/dailycaller.com\/2021\/10\/01\/katherine-tai-donald-trump-joe-biden-china-tarrifs\/\" target=\"_blank\" rel=\"noopener noreferrer\">(RELATED: Trade Chief Katherine Tai Says US Will \u2018Build On\u2019 Trump\u2019s Tariffs To Fight China)<\/a><\/strong><\/p>\n<div id=\"attachment_7293871\" class=\"wp-caption alignnone\">\n<p id=\"caption-attachment-7293871\" class=\"wp-caption-text\"><em>US President Donald Trump and China\u2019s President Xi Jinping leave a business leaders event at the Great Hall of the People in Beijing on November 9, 2017. (Photo by NICOLAS ASFOURI\/AFP via Getty Images)<\/em><\/p>\n<\/div>\n<p>Trump also reached a \u201cPhase One\u201d trade agreement with China in February of 2020 in which China agreed to dramatically increase purchases of U.S. agriculture products. All told, China agreed to increase purchases by $200 billion for the two-year period between January 2020 and December 2021, but the country has fallen short of that agreement as well. China increased purchases by just 58 percent of the agreed-upon total in 2020, and 58% in 2021, <a href=\"https:\/\/www.piie.com\/research\/piie-charts\/us-china-phase-one-tracker-chinas-purchases-us-goods\" target=\"_blank\" rel=\"noopener noreferrer\">according to a report<\/a> from the Peterson Institute for International Economics.<\/p>\n<p>While the phase one agreement called for further deliberation and meetings to create phase two and phase three trade deals, the talks never made any meaningful progress under Trump\u2019s administration. The Biden administration has also made no public progress toward further trade negotiations with China.<\/p>\n<p>Biden has framed the struggle between the U.S. and China as one that will determine whether democracy or autocracy will lead the world into the future. He has ordered the Pentagon to reorient itself with China as a top priority and hopes to work with U.S. allies to economically isolate China.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. officials are once again accusing China of walking away from its commitments to the World Trade Organization (WTO) to open up its economy and halt anti-competitive practices &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1303815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1303815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1303815"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1303815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1303815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1303815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1303815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}