Trump’s vs. Biden’s Plans to Prevent Another ‘China Shock’ | WSJ

President Joe Biden and former President Donald Trump disagree on just about everything, except for China. Both have taken measures to institute greater trade barriers with Beijing to help boost employment and production domestically, although economists point out key differences in their plans.

WSJ looks at the 2024 presidential election candidates’ different trade strategies with China and how they could affect U.S. consumers.

0:00 Tariffs on China
0:44 What happened to free trade?
2:17 Trump vs. Biden
4:38 Where do the costs go?
5:44 China’s response
6:17 What’s next?

News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day’s biggest stories into bite-size pieces to help you make sense of the news.

#China #Election #WSJ



Leave a Reply

Recent Posts