Biden, China and Trade

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Relations between China and the U.S. are at a low point and the Donald Trump-instigated trade war continues under President Joe Biden. Can substantial progress be made in tariff reduction? In the realm of diplomacy, much is possible; but is Washington being sincere?rnIn 2018, Trump launched his counterproductive trade war against China, Russia, and several other countries. Overall, the Trump tariffs impacted some $410 billion in imports and exports and raised costs for the U.S. consumer by around $51 billion per year. They have since been forced to bear the brunt of the inflationary consequences and have seen their options reduced due to affected trade levels and decreases in both imports and exports.
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