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Biden's trade policy will take aim at China, embrace allies
President-elect Joe Biden has pledged to work more closely with U.S. allies in confronting China on trade, and is seen as unlikely to roll back his predecessor’s tariffs on imported steel, aluminum, Chinese and European goods any time soon. “I’ve been told that if you close your eyes, you might not be able to tell the difference” between the Biden and Trump trade agendas, said Nasim Fussell, former Republican trade counsel at the U.S. Senate Finance Committee. “Biden’s not going to be quick to unravel some of these tariffs.” Biden, who captured the presidency on Saturday after days of vote counting, was ... (full story)
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