Joe Biden Will Not Immediately Kill Initial Phase of Trade Deal with China

US President-elect Joe Biden will not immediately cancel the initial phase of the trade deal that US President Donald Trump struck with the Chinese government nor take steps to remove tariffs on Chinese exports.

US President-elect Joe Biden will not immediately cancel the initial phase of the trade deal that US President Donald Trump struck with the Chinese government nor take steps to remove tariffs on Chinese exports.

During an interview with the New York Times columnist Thomas Friedman published on Wednesday morning, Biden explained his position on China and said his main priority was getting a generous stimulus package through the House of Representatives, even before he takes power. 

“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.

He 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 American companies to Chinese rivals.

Biden 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 counterparts.

“I want to make sure we’re going to fight like hell by investing in America first. 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,” Biden said.


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