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Economic relations between the United States and China as tense as under Trump

2021-11-14T18:14:46.980Z


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


A few weeks before the virtual summit between the American and Chinese presidents on Monday, the diagnosis made in October by the Biden administration on economic relations with Beijing was just as severe as that of Donald Trump and his trade negotiator in 2019. "

Anyone looking for a dramatic change in policy towards China from the previous administration will not find any evidence of it,

”says Chad P. Bown of the Peterson Institute for International Economics.

Katherine Tai, Joe Biden's trade negotiator, speaks almost like her predecessor Bob Lighthizer: “For

too long, China's failure to adhere to world trade standards has undermined the prosperity of Americans and dwellers. 'others in the world.

In recent years, China has redoubled its efforts to strengthen its system of centralized state management of the economy.

It is increasingly clear that China is not planning reform

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Source: lefigaro

All news articles on 2021-11-14

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