Deputy USTR Bianchi: “All options are on the table” regarding tariff decisions on Chinese imports

Anil Panchal FXStreet

“‘All options are on the table’ regarding tariff decisions on Chinese imports,” said Deputy US Trade Representative (USTR) Sarah Bianchi during a Reuters interview on Thursday. Comments linked to Taiwan were conveyed by US News.

Additional comments

USTR is seeking a 'strategic realignment' with China, tariff structure that 'makes sense'.

USTR to focus China trade relationship on US concerns about Chinese non-market practices, economic coercion.

New US trade negotiations with Taiwan could move more quickly than broader talks with 12 Indo-Pacific countries given strong interest in Taipei and Washington in deepening economic ties.

Asked if the Taiwan initiative could bear fruit sooner then the Indo-Pacific Economic Framework (IPEF) talks, she said: 'Potentially yes, it could.'

FX reaction

Markets paid little heed to the mixed news amid the pre-NFP trading lull. That said, the AUD/USD stays sidelined around 0.7260 after refreshing the six-week high.

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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