The Office of the United States Trade Representative (USTR) has published a factsheet on the Biden Administration's new approach to the trade relationship with China (PRC). This follows a speech delivered on 4 October 2021 by Trade Representative Katherine Tai on the new approach. Further, the USTR has announced a request for public comments on the reinstatement of targeted exclusions of Chinese products subject to Section 301 tariffs. The main points of the factsheet are as follows: --- Today, we are announcing the initial steps we will take to re-align our trade policies towards the PRC around OUR priorities: First,...