Why Biden Should Abandon Trump’s Failed Trade War with China
US President-elect Joe Biden says he will not make any significant changes to America's China policy until he conducts a full review of the existing "phase one" trade agreement and consults with allies in Asia and Europe. But it should not take a comprehensive review to see that this approach is unworkable.
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SHANGHAI – When President-elect Joe Biden is inaugurated next week, he will quickly move to transform most dimensions of US policy. A glaring exception is China. But if Biden maintains outgoing President Donald Trump’s confrontational approach to the world’s second-largest economy, he will come to regret it.