Biden Administration Faces Trade Distractions From Its Fight With China
Biden’s failure to secure trade agreements in Europe and Asia won’t only weaken his hand in dealing with China but also hurt his reelection chances.
U.S. President Joe Biden participates in the U.S.–ASEAN Special Summit at the U.S. State Department in Washington on May 13, 2022. Brendan Smialowski/AFP via Getty Images
The Biden administration has, for quite a while now, actively pursued its trade war with China.
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."