Friday, April 14, 2006
In February, the United States Trade Representative delivered to Congress a comprehensive review of US-China trade relations. The review, entitled "US-China Trade Relations: Entering a New Phase of Greater Accountability and Enforcement," is available here in PDF format. Here are some of USTR Portman's comments in his cover letter:
"Despite three consecutive years of growing U.S. exports to China, our bilateral trade relationship with China today lacks equity, durability and balance in the opportunities it provides. The time has come to readjust our trade policy with respect to China."
"As a mature trading partner, China should be held accountable for its actions and required to live up to its responsibilities, including opening markets and enforcing intellectual property rights. We will use all options available to meet this challenge."