Joe Biden says he won’t quickly remove phase-one tariffs on China

 

Joe Biden says he won’t quickly remove phase-one tariffs on China



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.”



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