Biden officials to enforce Trump trade deal with China, work toward ‘durable coexistence’

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Nick Schifrin:

She has been criticized by multiple sides. Some China experts I have spoken to say this is not a strategy; it’s a holding pattern borne out of fear that any major steps on China is perilous domestically politically for the Biden administration.

Some of the more hawkish experts I have talked to say this doesn’t go far enough, that there is no promised punishment for China not adhering to reduce promises, nor is there a road map to try and get China to make those fundamental changes.

But, on the other side, businesses have been pushing the Biden administration to say that tariffs don’t work.

So, take a listen to Anna Ashton of the U.S.-China Business Council, who told me she was disappointed.