Login ID:
Password:
Partner Login
Contact Us : 7066511911

Joe Biden Says He Won’t Quickly Remove Phase-One Tariffs on China

2 Dec 2020 3:18 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 


Mumbai Commodities Control - President-elect Joe Biden told the New York Times he’d leave the phase-one trade deal with China in place while he conducts a full review of the US’s policy toward China in consultation with key allies.

Speaking to columnist Thomas Friedman, Biden said he wouldn’t immediately scupper the trade agreement that President Donald Trump reached with China earlier this year.

“I’m not going to make any immediate moves, and the same applies to the tariffs,” Biden said, according to the report. “I’m not going to prejudice my options.”

Biden told Friedman he would first conduct a full review of the phase-one deal and consult with traditional allies in Asia and Europe “so we can develop a coherent strategy.”

“The best China strategy, I think, is one which gets every one of our -- or at least what used to be our -- allies on the same page,” Biden said. “It’s going to be a major priority for me in the opening weeks of my presidency to try to get us back on the same page with our allies.”



  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Top 5 News
Spot Guar Gum, Seed Remain Bearish As Futures Contracts...
Zinc Social Inventories Rose 4,900 MT over Weekend
Spot Coriander Prices Weaken amid Rising Arrivals of Ne...
Chana Remain Weak in Selective Spot Mkts
Mustard Seed, Oil Decline Further As Arrival Hits One L...
Top 5 Special Reports
Weekly: Urad-Chana Post Strong Gains, While Masoor-Whi...
USD/INR (Jan ‘21) – Weak Price Trend / Next Target at 7...
USD/MYR—
USD/ARS & USD/BRL—
USD/CNY & USD/IDR
Copyright © CC Commodity Info Services LLP. All rights reserved.