US TRADE AMBASSDOR KATHERINE TAI PLEASES CHINA...somewhat

Ah the strong Biden at it again, while Tai is reducing the "temperature".

Applying to 352 of the 549 product types up for consideration, the exclusions announced on Wednesday include consumer goods like household appliances and bicycles, manufacturing components like electric motors, and some medical equipment such as X-ray hardware.

Given that a product’s availability outside of China was a key consideration in the exclusion process, reinstatement of the waivers was “clear evidence China is critical to the global supply chains that benefit American businesses and American consumers,” said David Adelman, managing director at KraneShares, an asset management firm focused on China.

While an “incremental measure”, Wednesday’s move would be well-received in Beijing, said Adelman, a former US diplomat who served as former president Barack Obama’s ambassador to Singapore.

(South China Morning Post)