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China: Biden in continuation of Trump's trade war

2021-06-16T22:20:40.126Z


If the tone employed by Joe Biden is more courteous than that of his predecessor, the substance hardly changes: Washington intends to continue the tariff war.


From our correspondent in Washington

Throughout his European tour, Joe Biden seeks to rally his allies from the Old Continent in the face of the “systemic rival” that China has become.

Since coming to the White House, Washington's trade policy towards Beijing has changed very little.

The punitive tariffs imposed under Donald Trump remain in place.

Over 66% of US imports from China are still subject to surcharges.

From some 3% in 2018, before the "trade war" began, US tariffs on Chinese products have on average climbed to 19% since late 2019.

Read also:

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Washington and Beijing have settled in a climate of tariff and regulatory confrontation which no longer seems to frighten anyone.

No negotiations have yet been initiated to put an end to this situation.

The Treasury, the Commerce Department and Joe Biden's trade negotiator have admittedly made contact with their counterparts, but

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Source: lefigaro

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