US Trade Official Criticizes China's Practices, Admits US Lags in Industry Support
A top US trade official took a veiled swipe at China on Thursday for a range of unfair trade practices, but also criticised the United States for being asleep at the wheel for far too long. “They subsidised, they dumped, they erected regulatory barriers, they supported state-owned enterprises, they used every tool available to build their industries and capture a greater share of the American market,” said William Kimmitt, the US under secretary of commerce for international
A senior U.S. trade official has criticized China's "unfair trade practices," including subsidies, dumping, and regulatory barriers, used to build its industries and capture market share. However, the official also acknowledged that the United States has been slow to support its own industries. William Kimmitt, the U.S. Under Secretary of Commerce for International Trade, stated that China employed "every tool available" to advance its industrial goals. This dual critique highlights concerns about global trade imbalances and the need for both international cooperation and domestic industrial strategy.
A US trade official's criticism of China's industrial practices, coupled with an admission of US shortcomings in industry support, reveals complex dynamics in global trade policy.
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