Tensions between the U.S. and China are likely only to worsen under the Biden administration, according to Raymond James Managing Director Ed Mills.
“This kind of relationship is going down a path of great confrontation,” said Mills, who is also the financial services firm’s Washington policy analyst. “I think we are going to see an increase in the conversation about the decoupling and more conversations about ‘Are we going into another Cold War between these two economies?'”
Mills…
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