torsdag 21. januar 2021

The China trade war is one thing Joe Biden won't be rushing to fix


US President Joe Biden is inheriting a tense and messy relationship with China from his predecessor. From a grueling trade war to a slew of sanctions on the country's most prominent tech companies, the Trump administration spent the bulk of the last four years piling pressure on the United States' biggest economic rival. Things only became more heated in recent weeks as Washington slapped additional restrictions on Chinese business and investment.

Biden will strike a more predictable and diplomatic tone than former PresidentDonald Trump. But analysts say that the new administration isn't likely to ease up on Beijing too much when it comes to tech and trade.