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GLD 399.01+0.1%Dec 19 4:00 PM EST

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To: TobagoJack who wrote (168107)2/4/2021 2:37:06 AM
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Game on...

‘Bullet has left the chamber’: Biden will not likely roll back Trump campaign against China tech

Published Tue, Dec 29 20209:25 PM EST
Arjun Kharpal

GUANGZHOU, China — President-elect Joe Biden is unlikely to reverse President Donald Trump’s challenge to China’s technology industry and companies — but Biden will likely be more targeted in his approach and collaborate with allies, experts told CNBC.

During his presidency, Trump has looked to challenge China’s technology industry through sanctions, executive orders and other actions. Biden will likely continue such a policy.

“The bullet has left the chamber. Trump has completely disrupted the status quo that existed between the U.S. and China for decades,” Abishur Prakash, a geopolitical specialist at the Center for Innovating the Future (CIF), a Toronto-based consulting firm, told CNBC by email.

Link: cnbc.com
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