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U.S.-China trade relations remain strained as Biden team takes tough stance similar to Trump

2021-03-21 08:57:22       source:CNBC

March 20, 2021


The outlook for U.S.-China trade relations is likely to remain challenged after this week’s high-level diplomatic talks showed that President Joe Biden’s team does not plan to wholly abandon the Trump administration’s tough tone in discussions with Beijing.


Though Washington and Beijing struck a ceasefire in their tit-for-tat trade feud with last year’s “phase one” agreement, representatives on both sides are far from pleased with the status quo and see the other as a key economic rival.


That competition was on full display on Thursday, when the countries began two days of meetings in Anchorage, Alaska.


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https://www.cnbc.com/2021/03/20/us-china-trade-relations-strained-biden-team-keeps-trumps-tough-stance.html