Daily Trade News

Taiwan in focus as US seeks to avoid a conflict with China


WASHINGTON — Two issues that dominate the U.S.-China economic relationship, tariffs and supply chain woes, will take a backseat Monday to more pressing security concerns when President Joe Biden holds a virtual summit with Chinese President Xi Jinping.

“I do not expect tariffs to be something that will be on the agenda for tomorrow night,” a senior Biden administration official told reporters on Sunday during a background briefing on the highly anticipated video call. 

Asked whether Biden and Xi would discuss the current global supply chain crisis, the official said it was also “not something I expect to be a significant point of discussion.”

They noted, however, that there will be “a number of economic issues and other questions” that Biden and Xi “will touch on through the course of the conversation.”

Still, convincing the United States to lift the tariffs imposed by former President Donald Trump on approximately $370 billion worth of Chinese-made goods is a major policy priority for Beijing. 

It is also a goal embraced by the U.S. business community, which has pressed the Biden administration for nearly a year to lift the tariffs. 

Given how high profile the U.S.-China trade and tariff wars have been, news that they would not be high on Monday’s agenda was unexpected. 

Business leaders are also likely to be surprised that Biden and Xi don’t plan to dedicate a significant amount of time to the unprecedented global supply chain disruption, which has its roots in the Covid-19 pandemic but continues to worsen

So far, the White House has refused to offer many concrete details about Monday’s agenda.

The senior aide said the meeting would likely last “several hours,” and that Biden and Xi would speak through interpreters, but refused to say who would be attending with the president, or how the “summit” would be structured. 

One thing is clear, however: Rising tensions between mainland China and Taiwan will be a priority for the United States. 

China has been scaling up military exercises near Taiwan in recent months, a show of force that has not gone unnoticed by the Biden administration.

“Our policy [towards Taiwan] has been consistent and remains consistent and I expect the president to reaffirm that,” the official said.

“I’m not going to further predict what the president is going to say tomorrow night, but I certainly expect it to be a topic of conversation tomorrow night,” they added.

White House aides have said a goal of the summit is to ensure that what it calls “intense competition” with China does not lead to conflict.

“We want to make clear our intentions and our priorities to avoid misunderstandings,” the official said. “The president will also make clear that we want to build common sense guardrails to avoid miscalculation or misunderstanding. That’s how you sustain responsible competition.”

Biden also intends to discuss China’s human rights record at the meeting.

Beijing has drawn international condemnation for its “extensive program of…



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