After continuing many of Donald Trump's destructive trade policies, US President Joe Biden's administration finally seems to be changing its tune in response to Russia's war in Ukraine. But as it seeks to restore US global leadership, it will need to proceed carefully to preserve the essential principles of free and open trade.
WASHINGTON, DC – Russia’s invasion of Ukraine has heightened everyone’s appreciation of global issues and interconnectivity. In addition to geopolitical and defense concerns, there is a renewed focus on the state of international trade. After continuing Donald Trump’s destructive trade policies for more than a year, US President Joe Biden’s administration finally appears to have recognized the importance of strong trade relations. The United States is holding consultations with the European Union to expand cooperation on trade and technology, and with others on issues such as agriculture.
WASHINGTON, DC – Russia’s invasion of Ukraine has heightened everyone’s appreciation of global issues and interconnectivity. In addition to geopolitical and defense concerns, there is a renewed focus on the state of international trade. After continuing Donald Trump’s destructive trade policies for more than a year, US President Joe Biden’s administration finally appears to have recognized the importance of strong trade relations. The United States is holding consultations with the European Union to expand cooperation on trade and technology, and with others on issues such as agriculture.