Biden strike force to target 'unfair' trade

World+Biz

TBS Report
08 June, 2021, 09:30 pm
Last modified: 08 June, 2021, 09:33 pm
he Biden administration said on Tuesday the new body will look for violations of rules, which it says have damaged global supply chains

The US will set up a new "strike force" to target what it calls "unfair trade practices" by competitors like China.

The Biden administration said on Tuesday the new body will look for violations of rules, which it says have damaged global supply chains, reports the BBC.

In a statement it said it would "push back on unfair foreign competition that erodes the resilience of US critical supply chains".

It comes after a review of supplies of products such as computer chips.

President Joe Biden ordered the review in February, asking government agencies to report on the country's access to essential goods like rare earth materials used in phones and electric vehicle batteries.

Led by the US Trade Representative, the new "strike force" will look for trade rules that have been broken and come up with ways to counter that.

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