Biden's statement about China tariffs and trade matches his statement about the UK. The only thing that concerns me is using our allies to put pressure on China. I think he'd be better off going it alone like Trump because our allies are more interested in selling their products to China than helping us or even themselves over the long run.
Biden says will not kill Phase 1 trade deal with China immediately: NYT
“I’m not going to make any immediate moves, and the same applies to the tariffs. I’m not going to prejudice my options,” President-elect Biden told Friedman.
Biden said he would pursue policies targeting China’s “abusive practices,” such as “stealing intellectual property, dumping products, illegal subsidies to corporations” and forcing “tech transfers” from U.S. companies to Chinese counterparts.
But he also stressed the need to develop a bipartisan consensus at home and focus government efforts on investments in research and development, infrastructure and education that would allow companies to compete better with Chinese rivals.
“I want to make sure we’re going to fight like hell by investing in America first,” Biden said.
“The best China strategy, I think, is one which gets every one of our — or at least what used to be our — allies on the same page.”
