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Economic relations between the United States and China are as tense as the Trump administration

Economic relations between the United States and China are as tense as the Trump administration

Decryption – Joe Biden has maintained all the tariffs imposed by Donald Trump and US sanctions against Chinese companies continue to rain.

A few weeks before the virtual summit between the US and Chinese presidents on Monday, Biden’s management’s diagnosis of economic relations with Beijing in October was as harsh as that of Donald Trump and his trade talks in 2019.Anyone who expects a dramatic change in policy on China from the previous administration will find no evidence of that.Chad P. of the Peterson Institute for International Economics.

Catherine Toy, Joe Biden’s business negotiator, speaks almost like her predecessor Bob Laitzer:In the long run, China’s failure to comply with world trade standards has damaged the prosperity of Americans and others around the world. In recent years, China has redoubled its efforts to strengthen the centralized state management system of the economy. It is increasingly clear that China is not planning reform

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