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  • Beijing Review

    Biden, China and Trade

    Nov 11, 2021 4 minutes
    By Clifford A. Kiracofe
    Copyedited by Elsbeth van Paridon

    Relations between China and the U.S. are at a low point and the Donald Trump-instigated trade war continues under President Joe Biden. Can substantial progress be made in tariff reduction? In the realm of diplomacy, much is possible; but is Washington being sincere?

    In 2018, Trump launched his counterproductive trade war against China, Russia, and several other countries. Overall, the Trump tariffs impacted some $410 billion in imports and exports and raised costs for the U.S. consumer by around $51 billion per year. They have since been forced to bear the brunt of the inflationary consequences and have seen their options reduced due to affected trade

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