On paper, the Biden administration is keeping in place the tariffs on imports and other protectionist measures Donald Trump imposed on China during his one-term presidency. But Biden is also hinting at deescalating Trump’s trade war and opening the door to better relations with the world’s second-largest economy—if China does its part.
The Biden administration has announced a “new approach” toward China that has much in common with the old approach under Trump. Biden will keep in…
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