Insights

  • Biden should stick to China tariff regime

    4 August 2021

    What should President Biden do about the harsh US tariffs on Chinese imports that he inherited from his predecessor? Trump’s tariffs have been costly for US firms and consumers that rely on Chinese goods, and prompted higher Chinese tariffs on US exports, cutting bilateral trade. On the other hand, the tariffs have at least ended the heavily one-sided tariff regime before 2018, in which the US was the loser. There are cogent reasons why Mr Biden should play the long...

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