.jpg?w=801&auto=format%2Ccompress&fit=max&format=webp&dpr=1.0)
President-elect Joe Biden says he won't immediately lift tariffs placed by President Donald Trump on many imports from China or break Trump's initial trade deal.
Biden says he wants to maximise his leverage in future talks with the United States' geopolitical rival.
Speaking to New York Times columnist Thomas Friedman, Biden said, 바카라I'm not going to make any immediate moves, and the same applies to the tariffs.바카라 Biden adds in Friedman's column published Wednesday: 바카라I'm not going to prejudice my options.바카라
Under Trump, the U.S. and China engaged in a yearlong trade war that has been largely frozen since a Phase One deal was reached in January. While some industries have benefited from Trump's protectionist policies, the policies have been largely panned by the business community and most experts 바카라 and most of the cost of tariffs has been borne by American businesses and consumers.
Biden tells Friedman an early priority after his January swearing-in will be to restore relationships with allies to strengthen his negotiating position with China. Biden says key to talks with China is 바카라leverage바카라 and in his view "we don't have it yet.바카라
