A month into his presidency, Joe Biden has indicated he’s in no hurry to undo the punitive trade measure his predecessor placed on China. Biden has announced no policy changes so far, and none of theBiden will eventually formulate his own China policy, probably with moreand climate change than under President Trump, who made trade the centerpiece of his China efforts.
“Early staffing decisions indicate less of a focus on economic ties and the trade deficit, pointing to a potentially longer than expected timeline to any adjustments in U.S. tariff policy,” analysts at investing firm Raymond James wrote in a Feb. 17 research note. “Incoming staff do not feel an urgent need to make near-term policy changes, including adjustment to tariffs, as the general sense is they have been less disruptive than originally feared.
Trump roiled markets with two years of escalating tariffs and other punitive measures, which culminated in the “phase one” trade deal China and the United States signed in January 2020. That deal required China to purchase more American exports, in exchange for a pause in Trump’s tariff hikes. But China is far behind on the purchases it is supposed to make, leaving Biden pondering how toPresident Donald Trump and Chinese Vice Premier Liu He sign phase 1 of a trade deal between the U.S.
This is endorsement that DonaldTrump policy's are right !!
The tarrifs have been disastrous for the U.S. solar energy industry.
echamp property rights back to soon we coming shenzhen soon lufthansa airchina in boing save nice real1 yahoo see ya soon in san jose at court for the hacked account we luv your yahoo banger 🙃🙃🙃
LOL... you idiots in the media. This is all on YOU
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