Trade relations low---slew of actions.
Jonathan Josephs* and Sameer Hashmi**, 24, *senior BBC journalist covering the international economy and world affairs, B.A. @ University of Leeds in Journalism, **BBC journalist covering the Middle East for 15+ years, set up the Riyadh & Dubai branches of the BBC, focusing on technology, international trade and geopolitics, M.A. in Communication @ the Manipal Academy of Higher Education, "US says falling trade with China could be positive", BBC, 2-29-2024, https://www.bbc.com/news/business-68441427. Accessed 7-8-2024 by NT-JJ.
President Biden and President Xi struggled to make progress on trade when they met in California in November
The US has been leading those calls for WTO reform in recent years.
Under Donald Trump's presidency it disabled the dispute resolution body by blocking the appointment of new judges, arguing that the system and its rulings favoured China at the expense of the US.
That blockade and call for reform have continued under Joe Biden's presidency despite his team revealing very little of the changes they want publicly.
Ambassador Tai said that "the WTO is here to serve the interests of all of its members, large and small."
China attacks latest US chip restrictions
WTO says Trump's steel tariffs broke trade rules
Trade relations between the world's two biggest economies have worsened under the Biden administration with both the US and China imposing new barriers on trade, including restrictions on computer chip exports which have recently suffered shortages.