CNBC
March 20, 2021
U.S.-China trade relations are likely to remain challenged after this week’s diplomatic talks showed that the Biden team will retain a tough tone with Beijing.
“I had low expectations for Alaska and those expectations have been met,” said attorney Clete Willems, who served as a trade advisor to President Trump.
At stake is one of the most valuable relationships in the world. China was the United States’ third-largest goods trading partner in 2019 with $558.1 billion in total trade.
“The Biden Administration has signaled that trade at all cost is not their position,” added Dewardric McNeal, an Obama-era policy analyst at the Defense Department.