U.S.-China Trade Relations: Entering a New Phase of Greater Accountability and Enforcement

From the press release: "Despite three consecutive years of growing U.S. exports to China, the trade relationship between the two countries today “lacks equity, durability and balance” in the opportunities it provides, U.S. Trade Representative (USTR) Rob Portman says.

"This disparity is due in part to China's failure to honor certain commitments, including its failure to enforce intellectual property rights, its protection and support for certain domestic industries, and its refusal to fulfill certain market opening commitments," Portman said at a February 14 press conference where he released the results of a USTR review of U.S.-China trade relations.

The report, U.S.-China Trade Relations: Entering a New Phase of Greater Accountability and Enforcement, is the first comprehensive statement of U.S. trade policy toward China since China joined the World Trade Organization (WTO) in 2001. It assesses U.S.-China trade ties following China's first four years of membership in the WTO and reflects input from private China experts, industry, Congress and U.S. government agencies." Source: Office of the United States Trade Representative.

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