At a time when free trade deals are seen as toxic across the political spectrum, President Joe Biden has promised a “worker-centered trade policy” that aims to create domestic jobs. But from the beginning, his administration’s approach has been met with a great deal of skepticism both from domestic critics and U.S. trade partners.
Trade
Though notably quiet this year, China’s annual legislative “two sessions” were still helpful in confirming the direction of Beijing’s economic policies under President Xi Jinping. Rather than implement economic reforms, China will double down on manufacturing and exports, a decision that may exacerbate existing trade tensions.