ANL 34.52 Increased By ▲ 0.67 (1.98%)
ASC 15.16 Increased By ▲ 0.26 (1.74%)
ASL 24.83 Increased By ▲ 0.32 (1.31%)
AVN 95.00 Increased By ▲ 3.86 (4.24%)
BOP 7.87 Decreased By ▼ -0.07 (-0.88%)
BYCO 10.31 Increased By ▲ 0.53 (5.42%)
DGKC 126.60 Increased By ▲ 1.85 (1.48%)
EPCL 57.16 Increased By ▲ 1.91 (3.46%)
FCCL 24.50 Increased By ▲ 0.09 (0.37%)
FFBL 27.96 Increased By ▲ 0.01 (0.04%)
FFL 16.04 Increased By ▲ 1.14 (7.65%)
HASCOL 10.02 Increased By ▲ 0.28 (2.87%)
HUBC 80.00 Increased By ▲ 0.83 (1.05%)
HUMNL 6.45 Increased By ▲ 0.21 (3.37%)
JSCL 20.41 Increased By ▲ 0.50 (2.51%)
KAPCO 40.94 Increased By ▲ 0.69 (1.71%)
KEL 3.87 Increased By ▲ 0.02 (0.52%)
LOTCHEM 17.24 Increased By ▲ 0.54 (3.23%)
MLCF 46.91 Increased By ▲ 1.17 (2.56%)
PAEL 36.17 Increased By ▲ 2.69 (8.03%)
PIBTL 10.49 Increased By ▲ 0.19 (1.84%)
POWER 9.35 Increased By ▲ 0.15 (1.63%)
PPL 85.74 Increased By ▲ 0.16 (0.19%)
PRL 25.71 Increased By ▲ 1.21 (4.94%)
PTC 9.45 No Change ▼ 0.00 (0%)
SILK 1.17 Decreased By ▼ -0.09 (-7.14%)
SNGP 39.36 Increased By ▲ 0.10 (0.25%)
TRG 159.61 Increased By ▲ 11.13 (7.5%)
UNITY 30.75 Increased By ▲ 1.12 (3.78%)
WTL 1.43 Increased By ▲ 0.23 (19.17%)
BR100 4,852 Increased By ▲ 65.72 (1.37%)
BR30 25,671 Increased By ▲ 690.82 (2.77%)
KSE100 45,186 Increased By ▲ 445.12 (0.99%)
KSE30 18,485 Increased By ▲ 152.7 (0.83%)

Coronavirus
VERY HIGH
Pakistan Deaths
15,229
10524hr
Pakistan Cases
710,829
531224hr
Sindh
267,970
Punjab
243,295
Balochistan
20,097
Islamabad
64,173
KPK
96,128
World

Biden picks Capitol Hill staffer Tai as US trade 'czar'

  • "Ms. Tai has the experience she needs to succeed as USTR, and her record of getting wins for American workers demonstrates she knows how to champion the values that matter to US families," he said in a statement.
10 Dec 2020

NEW YORK/WASHINGTON: President-elect Joe Biden has selected Katherine Tai, the chief trade lawyer for the House Ways and Means Committee, to serve as US trade representative, four sources familiar with the decision said on Wednesday.

Tai, 45, who won the backing of congressional Democrats, labor and business circles in recent weeks, played a key role in negotiating stronger labor provisions with the Trump administration in the new US-Mexico-Canada (USMCA) trade deal.

If confirmed as Biden's "trade czar," Tai will play a pivotal role in helping to rebuild ties with key allies, re-energize manufacturing at home and punish Beijing for anti-competitive trade practices.

She would be the first woman of color to hold the job.

Her name surfaced as the leading contender for the job earlier this month, as reported by Reuters.

Biden is expected to formally announce Tai as his top trade negotiator later this week, said one of the sources. A spokesman for the Biden transition declined to comment on the news, which was first reported by Politico.

A Yale and Harvard-educated Chinese American who speaks Mandarin and taught university English for two years in Guangzhou, Tai headed China trade enforcement at the US Trade Representative's office (USTR) from 2011 to 2014.

In that role, Tai was the main attorney litigating trade violation cases against China before the World Trade Organization, experience that will guide her as she works to hammer out the next phase of a trade agreement with Beijing.

In August, Tai called for a different approach to China from the 2-1/2-year tariff war waged by current trade czar Robert Lighthizer, arguing that the United States needed a better offense than tariffs, which, she said, were largely defensive in nature.

News of her selection was welcomed by Democrats in the House of Representatives and Senate.

Senator Ron Wyden, top Democrat on the Senate Finance Committee, called Tai "an inspired choice" and urged the Republican-controlled Senate to process her nomination as quickly as possible.

"Ms. Tai has the experience she needs to succeed as USTR, and her record of getting wins for American workers demonstrates she knows how to champion the values that matter to US families," he said in a statement.

David Skillman, a senior associate at the Arnold & Porter law firm who worked closely with Tai when he was chief counsel to the head of the House trade subcommittee, said she would do well leading USTR as it faced coming challenges.

"Katherine has terrific policy chops and great political skills, but more importantly, she's just unflappable. The next USTR has a very tough road ahead of her, and Katherine has the ability to bring people together to make progress," he said.