Economics

Biden’s Trade Chief Tasked With Reset After Trump Tariff Chaos

  • Former colleagues say incoming trade czar to be tough on China
  • Tai’s hearing before Senate Finance Committee set for Thursday
WATCH: Nobel Laureate Paul Krugman discusses U.S.-China trade (scroll to 2m33s).(Source: Bloomberg)
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Weeks before the White House said it would keep tariffs in place on more than $350 billion in Chinese goods, Katherine Tai previewed the bad news to a group of U.S. business leaders.