The latest episode of POLITICO’s Global Translations podcast explores the new industrial policy emerging in America to counter China’s ascent.
Chinese President Xi Jinping speaks during fifth plenary session of the 19th Communist Party of China Central Committee in Beijing. | Ju Peng/Xinhua via AP
11/04/2020 04:30 AM EST
A historic shift in U.S. economic policy is taking shape regardless of who sits in the White House or controls Congress: an increasingly muscular role for state power to build up industries U.S. leaders deem critical to America’s national security and place in the world.Tiếp tục đọc “China shapes a new U.S. economic era: The return of industrial policy”
- Being tough on China is what unifies a polarized United States right now, according to former top White House trade negotiator Clete Willems.
- A day after Americans voted, the race between President Donald Trump and Democratic nominee Joe Biden is still up in the air — several states remain uncalled.
- Willems explained that if Biden wins, he would be constrained by the political environment and will unlikely be able to go back to some of the China positions he’s held in the past that were seen as relatively weak.
WATCH NOWVIDEO03:25Being tough on China unifies a polarized U.S., former trade negotiator says
Being tough on China is what unifies a polarized United States right now, according to former top White House trade negotiator Clete Willems.
Regardless of who takes the White House, the relationship with China will remain more or less status quo, said Willems, a partner at Akin Gump.
“The truth of the matter is that being tough on China is what unifies us in a polarized nation right now. We’re polarized in our politics but we are not polarized on China,” he told CNBC’s “Squawk Box Asia” on Thursday.Tiếp tục đọc “Being tough on China is what unifies a polarized U.S., former trade negotiator says”
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