TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • Indo-Pacific
  • Americas
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
TFIGlobal
TFIGlobal
No Result
View All Result

Undoing four years of Trump administration, Biden starts RECOUPLING with China

Sanbeer Singh Ranhotra by Sanbeer Singh Ranhotra
March 26, 2022
in Geopolitics
Reading Time: 3 mins read
0
Undoing four years of Trump administration, Biden starts RECOUPLING with China

PC: cnbc.com

234
VIEWS
Share on FacebookShare on Twitter
Become a Patron!

As the world focuses on the war in Ukraine, Joe Biden is going above and beyond to assist China. Already out of his mind, the 46th President of the United States has made it his life’s mission to fuel China’s growth as an economy that will, in the coming years, overtake the United States as the world’s largest.

From 2016 to 2020, the United States of America experienced its golden era vis-a-vis China. Donald Trump severed ties with the Dragon, bringing the Communist country to its knees, pleading for mercy.

Also Read

A republican muslim: Trump’s master stroke against wailing democrats

France and the US suggest that Russia has won the War

But Joe Biden is recoupling with China. He is wedding the American and Chinese economies in an inseparable manner, and in the long run, the devastating consequences of the same will become irreparable.

Biden Removes Trump-era Tariffs on Chinese Imports

The Biden administration has removed trade tariffs on at least 352 goods out of the 549 that had been sanctioned by President Donald Trump. Despite the business community in the United States desperately wanting to align with China, the Republican President refused to budge.

Trump had hit China with tariffs on $360 billion worth of goods in the midst of a trade war between Washington and Beijing. However, he had also allowed certain exemptions to the tariffs. But as a farewell slap to China, the 45th President refused to extend waivers for exempted products imported from China.

The 2020 expiration of the waivers meant that companies had to again start paying a tax to import a variety of goods from China.

For the past two years, companies exporting such goods have been paying additional tariffs to the American government. Trump had put in place tariffs to discourage American companies from buying Chinese goods. However, now that Joe Biden has decided to exempt over 350 Chinese products from the stringent tariff regime, Xi Jinping’s regime has much reason to rejoice.

Normalising relations with China

Do you know what is the most important policy priority for the Biden administration?

It is normalising ties with China. It is for this reason that Joe Biden recently assured Xi Jinping that the U.S. does not seek conflict with the Communist nation. He also vouched for the fact that Washington does not support Taiwan’s independence.

Read more: Five promises that Biden secretly made to Xi Jinping

Joe Biden’s overtures to China come despite the fact that Beijing has not complied with the conditions of the interim trade deal signed during the Presidency of Donald Trump. For the year 2020-21, China had committed to purchase $200 billion of additional US exports. Guess how much of that additional purchase China actually made?

Zero. That’s right. Zilch.

Nonetheless, the Biden administration is going out of its way to restore trade ties with China to pre-Trump levels. Essentially, Joe Biden is undoing all of Trump’s gains and leading a crusade to inextricably link the American and Chinese economies.

The Chinese economy has many fault lines, and it is under tremendous stress. Furthermore, there are innumerable supply chain issues that arise out of world economies depending disproportionately on China. This was best seen during the height of the Covid-19 pandemic when global supply chains centred around China went haywire.

Despite such glaring evidence, Joe Biden is recoupling with China. This begs the question, is he the President of the United States or a CCP stooge occupying the White House?

Tags: BidenChinaDonald TrumpThe United Statestrade warXi Jinping
ShareTweetSend
Previous Post

Cancelling Russia won’t stop the war; Punishing will

Next Post

Saudi Arabia is burning and it has everything to do with disgruntled Joe Biden

Also Read

France and the US suggest that Russia has won the War

France and the US suggest that Russia has won the War

May 17, 2022
Scare the companies and they will kneel down Immediately. American need to learn something from the Indians

Scare the companies and they will kneel down Immediately. American need to learn something from the Indians

May 17, 2022
We will probably see the balkanization of Canada in our lifetimes

We will probably see the balkanization of Canada in our lifetimes

May 17, 2022
Big European nations want their own client states in Europe

Big European nations want their own client states in Europe

May 17, 2022
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
Europe to activate Nord Stream 2 gas pipeline very soon   

Europe to activate Nord Stream 2 gas pipeline very soon  

May 14, 2022
Qatar scraps its LNG deal with Germany at the last minute citing new conditions

Qatar scraps its LNG deal with Germany at the last minute citing new conditions

May 11, 2022
‘Slovakia’s food is for Slovakians,’ Slovakia’s trade restrictions leave EU fuming

‘Slovakia’s food is for Slovakians,’ Slovakia’s trade restrictions leave EU fuming

May 14, 2022
The Bill Gates connection behind the dire baby formula shortages in the US

The Bill Gates connection behind the dire baby formula shortages in the US

May 13, 2022
South Korea is demolishing Chinese dominance in critical minerals

South Korea is demolishing Chinese dominance in critical minerals

May 10, 2022
Europe to activate Nord Stream 2 gas pipeline very soon   

Europe to activate Nord Stream 2 gas pipeline very soon  

Iran on its way out of Lebanon as Christian party defeats terror outfit Hezbollah in elections

Iran on its way out of Lebanon as Christian party defeats terror outfit Hezbollah in elections

One of the deadliest snipers of the world exposes Ukraine’s ‘We are winning’ façade

One of the deadliest snipers of the world exposes Ukraine’s ‘We are winning’ façade

After debt-trapping Africa, China “ship-traps” the US

After debt-trapping Africa, China “ship-traps” the US

Turkey spoils the big NATO unification party

Turkey spoils the big NATO unification party

A republican muslim: Trump’s master stroke against wailing democrats

A republican muslim: Trump’s master stroke against wailing democrats

May 17, 2022
France and the US suggest that Russia has won the War

France and the US suggest that Russia has won the War

May 17, 2022
Scare the companies and they will kneel down Immediately. American need to learn something from the Indians

Scare the companies and they will kneel down Immediately. American need to learn something from the Indians

May 17, 2022
We will probably see the balkanization of Canada in our lifetimes

We will probably see the balkanization of Canada in our lifetimes

May 17, 2022
Big European nations want their own client states in Europe

Big European nations want their own client states in Europe

May 17, 2022
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2022 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa

©2022 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.