StanChart says U.S.-China ties may improve in two years — but don't expect Trump tactics to go away

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Biden is focusing on domestic growth, but his administration knows it's critical for global trade to thrive, says Eric Robertsen from Standard Chartered.

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in January 2020, pausing a nearly 18-month trade war in which U.S. and Chinese goods worth hundreds of billions of dollars were hit by retaliatory tariffs.Despite current trade tensions between the world's two largest economies, Robertsen is optimistic about improving relations between the two countries.

In addition, Robertsen noted that it is unlikely the Biden administration will use currency as a tool to influence its trade agenda.

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