Forecast: A Biden Administration’s Position on Trade

On January 20, 2021, the trade-focused Trump Administration will be replaced by the centrist Biden Administration. Although foreign trade will not be at the forefront of Biden’s domestic-driven policy goals, members of the trade community will likely see some changes.

Remaining $300 Billion Trade Action announced via Twitter

August 1st, 2019 – President Trump announced via twitter that the remaining $300 billion of Chinese goods would be subject to an additional 10% tariff. List 4 is on the horizon (September 1st). Trump could call off the potential tariffs, such as the announced 5% tariff on Mexican imports. However, there is a greater chance …

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