TOPSHOT - Ukrainian soldiers adjust a national flag atop a personnel armoured carrier on a road near Lyman, Donetsk region on October 4, 2022, amid the Russian invasion of Ukraine. Trade Representative Katherine Tai, the Biden administration’s top official tasked with mapping out and implementing the White House’s trade policy. Watch the conversation on FP Live, the magazine’s forum for live journalism, or read a condensed transcript. What does that mean for trade and globalization?įP’s Ravi Agrawal sat down with U.S. The world over, countries are embarking on ambitious projects of industrial policy. Opportunistic firms in Asia and Europe have already begun to relocate investments to the United States.Ĭue the protests from other parts of the globe: A chorus of nations are accusing Washington of fostering unfair competition.īut it’s not just the United States. companies to invest only at home-not elsewhere. Show more rs worth well over $400 billion. The Biden administration has passed landmark legislations such as the Inflation Reduction Act (IRA) and the CHIPS and Science Act, which provide subsidies in clean energy and semiconducto. Trade Representative Katherine Tai speaks in the Rose Garden of the White House in Washington, DC, on May 17, 2022. Is Weiss correct? Join FP’s Ravi Agrawal for a frank discussion about the Biden administration’s China policy and alternatives that it ought to consider. Is the Biden administration’s China policy too hawkish? And how might that be impacting the world? Jessica Chen Weiss, formerly a senior advisor for policy planning at the State Department under the Biden administration, makes the case that the United States is becoming consumed by competition with China, a strategy that could lead to dangerous conflict. Show more up as tough on Beijing, even seeking to contain the rise of the world’s second-biggest economy. For its part, Washington has made a series of policy choices over the last few years that can be summed. Relations between the United States and China seem to be getting frostier by the day. Only FP subscribers can submit questions for FP Live interviews.
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