Opinion: On trade, Biden must remain tough with Xi Jinping

Opinion: On trade, Biden must remain tough with Xi Jinping

a year ago
Anonymous $Wk0x7O2ZQM

https://www.siliconvalley.com/2023/11/15/opinion-on-trade-biden-must-remain-tough-with-xi-jinping/

Every American president in the globalized era has mismanaged the relationship with China. To his credit, President Biden has proven more adept than his predecessors at handling it, but he will have his hands full when he meets Xi Jinping today in San Francisco.

Chinese leaders have been adroit at extracting economic concessions from the United States in exchange for commitments that are usually restatements of prior agreements and seldom honored. Wildly uneven bilateral trade with China first hit American workers in the 2000s in the form of massive job losses. It then hit American consumers during and after the Covid-19 pandemic in the form of shortages and dependencies. Now, as China aligns with Russia and grows increasingly bellicose toward its Asian neighbors, it fuels the hit on American national security interests.

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