President Biden is making it clear that the United States’ rejection of full-throttle globalization during the Trump administration was no aberration, as he continues a remarkable break with decades of trade policy that spanned both Republican and Democratic administrations.
Blending a tough-on-China stance with lavish federal subsidies for favored industries, the president is reshaping the U.S. approach to cross-border commerce to focus on the needs of Americans as workers rather than consumers.
Read the article.