Washington, D.C. - House Foreign Affairs Committee Lead Republican Michael McCaul has released the following statement in response to this morning’s remarks by Office of the U.S. Trade Representative Ambassador Katherine Tai which reinforced concerns of working with the Chinese Communist Party (CCP).
“Ambassador Tai’s speech accurately observed the zero-sum nature of the CCP’s industrial policies and limited prospect for structural economic reform in China. However, after many months of waiting for the Biden Administration’s China trade policy, there still appears to be no plan to counteract or insulate our economy from the increasingly antagonistic and damaging trade policies pouring out of China. Reviews and studies need to be replaced with constant, forceful actions.".
