US-China trade relations following the election discussed by Clete Willems on CNBC
In an interview on the Squawk Box Asia program, Clete Willems, a partner at Gump public law and policy, shared his insights about the potential future of U.S.-China relations under a Joe Biden presidency.
Willems indicated that China will have to deal with the predictable policies of a Biden administration, as opposed to the unpredictable approach of the current presidency. He stated that there will not be any unexpected tariff announcements under a Biden presidency, offering some reassurance to businesses and economies on both sides.
Willems' predictions suggest that the overall trajectory of the U.S.-China relationship will remain similar under a Biden presidency, with more predictability in Joe Biden's policies. He believes that Biden, if he wins the election, will be constrained by the political environment and is unlikely to revert to some of the China positions he held in the past that were seen as relatively weak.
According to Willems, the United States' relationship with China will remain more or less status quo, regardless of the U.S. presidential election outcome. However, he emphasised that being tough on China is what unifies the U.S., even in a polarized political climate.
This stance is exemplified by Biden's political position on the U.S.-China relationship, which involves caution and regulation. For instance, his administration has pushed for control over Chinese-owned technology companies operating in the U.S. to protect national security interests, yet without confirming full confrontation with China. His overall stance appears to balance competition with measured engagement rather than outright hostility.
For those interested in hearing more from Willems, the interview is available for viewing by clicking the provided link. His insights offer a valuable perspective on the potential future of U.S.-China relations under a Joe Biden presidency.
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