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Under Biden, China faces renewed trade pressure


Under Biden, China faces renewed trade pressure
Jan. 28
05:05 am JST
Feb. 10 | 12:05 am JST
BEIJING
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Jan. 28
11:19 am JST
Unlike his predecessor, President Biden is not going to start a trade war just for the sake of being able to say he started a trade war. The recent trade wars with China, Canada, and the EU are all lose-lose propositions. There are things to complain about in the trade between the US and our trade partners, but complaints should be based on facts, not conspiracy theories and xenophobia. ....

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Under Biden, China faces renewed trade pressure | News, Sports, Jobs


BEIJING (AP) The U.S.-Chinese trade war isn’t going away under President Joe Biden.
Biden won’t confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. But he looks set to renew pressure over trade and technology grievances that prompted President Donald Trump to hike tariffs on Chinese imports in 2017.
Negotiators might tone down Trump’s focus on narrowing China’s multibillion-dollar trade surplus with the United States and push harder to open its state-dominated economy, which matters more in the long run, economists say. But no abrupt tariff cuts or other big changes are expected. ....

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Under Joe Biden, China Faces Renewed Trade Pressure

Joe Biden won’t confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. However, Biden looks set to renew pressure over trade and technology grievances that prompted President Donald Trump to hike tariffs on Chinese imports in 2017. ....

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