The month of March will likely see a round of policy implementation in the U.S. and policy announcements in China. In the U.S. President Biden’s nominee for U.S. Trade Representative, Katherine Tai, may be confirmed. That would smooth the way for implementation of the administration’s 100 days review of critical supply chains. With the exemption of tariffs on imports of medical supplies due at month end there should be evidence of the new administration’s attitudes to tariffs. China’s National People’s Congress will meet from March 5 and should confirm the 14th...