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What Trump’s First Week Means for China Trade Policy
President Donald Trump opted not to raise tariffs on China during the first week of his administration. Instead, he on Monday issued a regulatory freeze and directed executive department heads to review all new rules published under the Biden administration that have not taken effect, a move that could halt several rules with operational impacts for USCBC member companies. The White House also issued a trade policy memorandum later that evening directing federal agencies, primarily the Department of Commerce, Treasury, and the Office of the US Trade Representative, to conduct a top-to-bottom review of US trade policy.