The U.S.-Chinese trade war isn’t going away under President Joe Biden.
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Yahoo News
Under Biden, China faces renewed trade pressure
Biden won’t confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. 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.
U.S. and China will remain at odds under Biden as Beijing flexes on global stage, trade expert says
The U.S. and China had been growing apart before Trump and that trajectory will likely continue under President Joe Biden, a trade expert told CNBC on Monday.
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. 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. Negotiators might tone down Trump’s focus on narrowing China’s multibillion-dollar …