Trump stepped down as President of the United States. During his tenure, he provoked a trade war between the United States and China. The United States offered a series of measures, including policies such as imposing tariffs on the mainland, blocking mainland companies from acquiring advanced technology, and forcing the supply chain to withdraw from the mainland. How will Biden respond later? In this regard, some Spanish scholars believe that by observing Biden’s recent attitude towards the mainland, he found that Biden should recognize the irrefutable fact that the trade war launched by Trump was a failure, and Biden should seek a third way to develop. Relations with China.
On the 15th, the Hong Kong media “China Commentary” cited an article by Julio Rios, an expert on Spanish mainland issues, on the Spanish China Policy Observation website published on February 10, entitled “Biden’s Third Way in China’s Policy,” The content pointed out that the possibility of Biden imitating the China policy of the Trump and Obama era has been ruled out, and Biden is likely to seek a third way to seek future development between the United States and China.
The report said that after Biden took office, the World Health Organization ruled out the possibility that the new crown virus was leaking from a laboratory in Wuhan. Then, the chief epidemiologists of the United States and China, Fauci and Zhong Nanshan, will meet in March. China may get rid of previous tensions between the United States and China from the cooperation of the epidemic. In addition, Biden should also recognize an irrefutable reality, that is, Trump’s trade war against the mainland failed, because in the end the United States did not reduce the trade deficit and stimulate exports. Therefore, Biden’s four years as president is critical to determining a possible alternative to the mainland relationship.
US media “Axios” also reported that according to existing data, the mainland government is still a long way from the promised purchases, and the increase in tariffs has also reduced economic growth, resulting in the loss of 245,000 jobs in the United States. It is difficult for the Biden administration to find new discoveries other than “collapse.” On the other hand, the mainland’s trade surplus last year hit a new high of US$535 billion, an increase of 29% over 2019. Exports settled in US dollars in November also increased by 21.1%, and in December it also increased by 18.1%. Respectively set new highs in the same period over the years.
