Adviser to Five U.S. Presidents Expects China Tariffs to Remain

  • Tough posture to linger under Biden, Tiedemann’s Hormats says
  • China does want to cooperate on medical, other issues: Hormats
Photographer: Qilai Shen/Bloomberg
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The upcoming inauguration of Joe Biden as president will allow the U.S. to reboot its relationship with China after a tumultuous four years under Donald Trump. What exactly will that mean for these two competing economic powers?