Trump, Biden Policies Shifted Trade from China

on Aug 27, 2023 07:11:AM

U.S. trade has shifted away from China due to policies enacted by the Biden and Trump administrations, but U.S. reliance on China-linked supply chains has not necessarily been reduced and consumers have faced higher costs, according to new research presented Saturday at a Federal Reserve economic symposium. Despite deglobalization fears after the coronavirus pandemic and […]