The Biden Administration’s Combative Stance with China

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because at the national educational television network it is twenty years that the world war two also defeated and the nations of the law that a nonprofit the past countries of the world trade with each other by from each other afterwards each other technology has brought these machines low cost per unit of production of cheap mass consumer products

and there is another tooth good evening i'm don goddard decision series is presented in connection with the discussion program being conducted around the country by the foreign policy association in cooperation with hundreds of local organizations tonight one of the most complex where most important far ranging of all topics trade food and dollars our commentator an analyst with a former assistant secretary of state

law professor of government at columbia university writer hilton at the river then he emerge and prosperity in the world today is the development of world trade today world trade stands at a critical juncture in geneva their candy round of tough negotiations is underway the trade expansion act passed by the us congress in nineteen sixty two with the strong support of president kennedy spurred these negotiations into reality through them our government is doing some hard bargaining with sixty odd other nations which was an instrument for these negotiations is that the general agreement on tariffs and tray why should a macro lot more trade especially with other developed nations when we produce so much write your goal no trade and reciprocal tariffs were down what economists call comparative advantage and specialization a function that example rescue only

produces small cars are united states produces better crops and as we buy more oil cartons they buy more show it the theory is that in the long run increased world trade will benefit everybody but this is lord keynes once remarked in the long run we'll also all be dead politicians and concerned citizens are often afraid of what parrott negotiations will do in the short run from our and the immediate hardships of change changing industries change of jobs for individual workers shade of technologies are a real hot with trading bloc's with increased world trade the developed countries of the world are richer today than they've ever been and they will pony is after world war two europeans returned if at all by its prosperity and our best reserve an increased production continues to

rise i think that in nineteen forty five wasted and destroyed factories an economy long haul shattered my mom

The Biden Administration’s Combative Stance with China

In 2020, Democrat Joe Biden ran as a restoration candidate who would reverse the changes of the Trump Era. While Biden was quite different from Trump in style and substance, he actually continued many Trump administration policies relating to China. As shown in this 2024 NewsHour report, the Biden administration retained many Trump-era tariffs, and added to them by enacting enhanced trade duties on Chinese electric vehicles and other green technology. Like Trump, Biden argued that these tariffs would protect American workers because the Chinese government was unfairly subsidizing these products and dumping them in foreign markets. Some political analysts, like reporter Lisa Desjardins in this clip, argued that these trade policies represented a Democratic attempt to win back workers in Rust Belt swing states that had voted for Trump in 2016. Additionally, Biden administration officials argued that it was necessary for national security to make sure that crucial emerging technologies were being “on-shored”—produced in the United States rather than on the soil of a geopolitical adversary. This policy towards China was coupled with the Inflation Reduction Act and the CHIPS and Science Act, both of which aimed to provide subsidies to produce green technology and semiconductors in the U.S. Thus, by the early 2020s, a new bipartisan consensus seemed to be emerging that was more skeptical that open trade with China would benefit ordinary Americans.

PBS NewsHour; March 8, 2018 6:00pm-7:01pm PST | NewsHour Productions | March 9, 2018 This video clip and associated transcript appear from 16:34 - 23:25 in the full record.

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