Biden trade policy is shaping up to be variant of Trump’s failed protectionism: Buy American, domestic-content rules, screw allies (Canada first), a cheap dollar, Section 301 tariffs, government subsidies to the favored, and no TPP — but without the abundant, reliable, inexpensive, domestically-produced energy of the Trump administration. The weekly trade report with L.C. Biden […]
Biden trade policy is “Trump Lite”
The weekly trade report with L.C. Joe Biden, presumed Democratic candidate for President in November, continued laying out details of his proposed policies this week. His economic and “Trump Lite” trade policies lean heavily in the direction of populist nationalism. They suggest that the former vice president doesn’t want to veer too far from the […]