Thu, 29 Jul 2021

No incentives to move jobs out of U.S., says trade rep

Robert Besser
25 Jun 2021, 03:19 GMT+10

WASHINGTON D.C.: The Biden administration chief trade representative, Katherine Tai, has said no incentives will be offered to American companies that move jobs outside the country.

During a trip to Michigan, Tai told members of the United Auto Workers union of the government's efforts to protect American jobs and work to see wages increase.

"At the USTR, we want to encourage a race to the top, with higher standards and real, rapid enforcement of our trade agreements," Tai said.

"We do not want to create incentives for companies to move jobs overseas to maximize profits," Tai added.

Tai, previously the House Ways and Means Committee's chief trade lawyer, participated in the negotiations to aid labor at the behest of the United States Congress' Democratic members.

More Minneapolis News

Access More

Sign up for Minneapolis News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!