When Joe Biden was confirmed President-elect in November 2020, many on both sides of the Pacific Ocean were hopeful for a shift in China-US trade ties that had become mired in a tariff war. But to the disappointment of many, bilateral tensions have only escalated under Biden. Stephen Roach, a senior fellow at Yale University’s Jackson Institute of Global Affairs and former Chairman of Morgan Stanley Asia, was one of them. Why Biden has not moved to roll back the punitive tariffs? What actions need to be taken to ease trade tensions? In an interview with the Global Times’ Song Lin (GT), Roach, whose new book focuses on how to improve the bilateral ties, offered his views.
Biden did nothing to shift US trade policy toward China, a major disappointment: Stephen Roach (Global Times)
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