Biden Team Weighs China Trade Probe in Bid to Press Beijing

  • Investigation would focus on China’s economic subsidies
  • White House said to lean toward new tariff exclusion process
WATCH: The Biden administration is said to be weighing a new investigation into Chinese subsidies and their damage to the U.S. economy, as a way to pressure Beijing on trade.(Source: Bloomberg)
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The Biden administration is weighing a new investigation into Chinese subsidies and their damage to the U.S. economy as a way to pressure Beijing on trade, people familiar with the matter said.