China policy is just one international trade issue that Trump and Biden are sparring over as the election approaches. Each have different approaches on everything from domestic manufacturing to deals with the UK. Here's where they stand on trade issues:
President Donald Trump likes to say that Joe Biden’s agenda is “made in China.” Yet on dealing with Beijing, the two White House contenders may have more in common than meets the eye.
TPP, U.K. deals: One of Trump’s first moves as president in January 2017 was to pull the U.S. out of the Trans-Pacific Partnership, a 12-nation trade deal. The deal was backed by the Obama administration, and as president, Biden would have the opportunity to reverse Trump’s decision. As Trump has blamed Biden’s support for Nafta for cutting jobs in states like Michigan, the former vice president says he wants the federal government to spend $400 billion on American goods and services, in addition to $300 billion in research and development in U.S. tech companies. Biden has also called for taxes on companies that move jobs overseas.Trump, meanwhile, pledges in his second-term agenda to bring back 1 million manufacturing jobs from China.
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