US businesses expecting a fresh approach to international trade policy after four combative years under Donald Trump have a question for the Biden administration: what will become of his tariffs on China?
A lopsided trade balance with China, the biggest source of imports to the US, became a fixture of Donald Trump’s trade policy. He imposed tariffs on billions of dollars of Chinese goods including clothes, footwear and food, disappointing business groups that otherwise endorsed his lower taxes and lighter regulation.
Under Joe Biden most of the tariffs remain, however, and some American business groups are getting anxious.
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