June 13, 2021 by archyde
The Biden administration has aroused concern about China’s policies. It not only added more Chinese companies to the blacklist made during Trump’s period, but also restarted trade and investment talks with Taiwan, apparently intending to retain the tough measures against China during the Trump era, despite the different implementation methods. .
Although the United States has lifted the Trump era’s investment ban on TikTok and other apps, it has included more Chinese companies on the investment blacklist a few days ago. It also announced this week that it will resume the four-year-old trade and investment framework agreement (TIFA) with Taiwan. )talks.
White House officials said frankly that, overall, the most recent measures are based on actions taken during the former President Trump’s administration, but Biden wants to improve execution. “We think that certain things the Trump administration has done are extremely important, but the method is not that way. Soundness is not built on a structure that can extend to allies and partners.”
The White House has repeatedly discussed its policy towards China in the past few months. At this stage, there are still many issues that need to be addressed, including the tariffs imposed on Chinese goods during the Trump era.
But think tank American Enterprise Institute (AEI) scholar Derek Scissors said that Biden is adding expertise to Trump’s past actions, such as strengthening the Chinese investment blacklist in response to legal challenges. “Revising someone’s work is easier than starting from scratch. This is what the Biden administration is doing.”
The White House’s China policy is currently based on three pillars: strengthening the US economy and democracy, rebuilding alliances, and defining areas for confrontation and cooperation with China.
Senior officials revealed that the third task is underway, which is also the most time-consuming task, but the Biden administration has already begun to define, and Taiwan is one of them.
WSJ pointed out that during the Trump era, he focused on China and avoided trade negotiations with Taiwan. However, the Biden administration not only restarted trade talks with Taiwan, but also issued a statement after the summit meeting with the leaders of Japan and South Korea, emphasizing the importance of stability across the Taiwan Strait.
The official said: “The United States continues to work hard to let the Beijing authorities know that if there is any doubt about the U.S. (to Taiwan) commitments, Beijing should think twice.”
Some Taiwan-friendly members of the US Congress hope that the United States will further sign a bilateral trade agreement (BTA) with Taiwan, but the official revealed that the Biden administration has not yet made a decision.