• News
  • Guides
  • Reviews
  • Media
  • About
  • News
  • Guides
  • Reviews
  • Media
  • About
Sign up Now (For Free)

Sign up for our newsletter and receive the latest automotive news in your inbox!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!
News
Read Now
  • All News
  • Automakers
  • Automobiles
  • Auto Shows
  • Business
  • EVs & Environment
  • Guides
  • Lawsuits/Legal
  • Regulatory
  • Ride-Sharing
  • Safety & Recalls
  • Technology
Recent
  • Q&A: Volvo CEO Jim Rowan Talks Hitting Targets, Future Vehicles
  • FIA’s Formula E is Changing the Way We Look at Racing
  • Lexus Lifts the Covers Off New, Three-Row TX SUV
  • First Look: 2024 Lexus GX
  • GM Investing $500M in Texas Plant for Gas-Powered SUVs
  • New Battery Chemistry Promises Increased Range, Cell Life
  • Labor Unrest at West Coast Ports Threatens U.S. Automakers
  • Used Car Wholesale Prices Decline; Retail Prices Don't
  • Pandemic Accelerated Auto Dealers’ Shift to Digital-Oriented Sales Process
  • Detroit Auto Show Back Again in September
Editor’s Choice
    Reviews
    Read Now
    • All Reviews
      • Feeder
    • Classic Cars
    • Concept Cars
    • Convertibles
    • Coupes
    • Crossovers/CUVs
    • Diesel
    • Hot hatches
    • Hybrids
    • Luxury Vehicles
    • Minivans
    • Muscle Cars
    • Pickups
    • Sedans
    • Sports Cars
    • Super Cars
    • SUVs
    Recent Reviews
    • A Week With: 2024 Chevrolet Trax Activ
    • A Week With: 2024 GMC Sierra 2500 Denali Ultimate
    • A Week With: 2023 Volkswagen Golf GTI 2.0 SE
    • A Week With: 2023 Kia Niro SX Touring
    • A Week With: 2023 Alfa Romeo Stelvio Estrema Q4
    • A Week With: 2023 Lexus NX 350h Luxury
    • A Week With: 2023 Volkswagen Tiguan SEL R-Line
    • First Drive: 2024 Toyota Grand Highlander
    • A Week With: 2023 Ford Mustang Mach-E Premium RWD
    • A Week With: 2023 Electrified GV70 AWD Prestige
    Editor’s Choice
      Guides
      Car Warranty
      • Endurance Warranty Reviews
      • BMW Extended Warranty
      • Extended Warranty For Cars Over 100k Miles
      • Extended Car Warranty Cost
      • Subaru Extended Warranty
      • CarShield Reviews
      • CarShield Cost
      • Aftermarket Car Warranty
      • CARCHEX Warranty Reviews
      • Reputable Extended Car Warranty Companies
      • Used Car Warranty Companies
      • Best Car Warranty
      • Is CarShield A Scam?
      • Mercedes Extended Warranty
      • CarShield Plans
      Insurance
      • How To Identify A Car Insurance Company
      • Geico Mechanical Breakdown Insurance
      • How Far Back Does A Car Insurance Company Look
      • Mechanical Breakdown Insurance For Used Cars
      • State Farm Mechanical Breakdown Insurance
      • Mechanical Breakdown Insurance From Progressive
      • Dollar A Day Insurance
      • Auto Insurance For SSI Recipients
      • Car Insurance Rates After A Suspended License
      • Auto Insurance For Salvage Vehicles
      • Average Cost of Dodge Ram 1500 Car Insurance
      • Car Insurance Florida
      • Full Coverage Auto Insurance
      • GrubHub Insurance
      • Amazon Delivery Auto Insurance
      Shipping
      • Car Shipping Companies
      • uShip Reviews
      • Auto Shipping From California To Hawaii
      • Montway Auto Transport Reviews
      • Cheap Car Shipping
      • Easy Auto Ship Reviews
      • Auto Shipping Miami
      • Auto Shipping To Alaska
      • Car Shipping Cost
      • Auto Shipping Hawaii
      • Auto Shipping Puerto Rico
      • Sherpa Auto Transport Reviews
      • Auto Shipping Atlanta
      • Auto Shipping Boston
      • Auto Shipping. Chicago
      About
      • About Us
      • Contact Us
      • Terms of Use
      • Privacy Policy
      • Affiliate Disclosure
      • Sitemap
      TheDetroitBureau.com

      More than just “another” place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. TheDetroitBureau doesn’t stop with the press releases or confuse a few lines of opinion with insightful, in-depth reporting.

      Contact Us

      Like what you see? Have some ideas for making The Detroit Bureau.com even better? Let us know, we’d love to hear your voice.

        Media
        Listen Now
        • Headlight News: All Episodes
        More from TheDetroitBureau
        • Guides
        • Latest News
        • Auto Reviews
        • Podcasts
        Headlight News

        TheDetroitBureau.com’s Headlight News offers a look at the past week’s top automotive news stories, as well as what’s coming up in the week ahead. Check out the week’s top story and our latest review…along with a dive into the past with this week in automotive history.

        home > news > Automakers > Biden’s Trade Agenda Focusing on China, Mexico

        Biden’s Trade Agenda Focusing on China, Mexico

        Expert says Biden's approach will differ from Obama's.

        Joseph Szczesny
        Joseph Szczesny , Executive Editor
        Jan. 15, 2021
        The Biden administration is going to look to “lower the temperature” when it comes to trade with China.

        Trade was in the spotlight during President Donald Trump’s tenure in the White House and while President-elect Joe Biden will move to lower the temperature of the discussions around trade the issues will not disappear.

        “The American public is skeptical of trade,” noted Mary Lovely, a professor at Syracuse University, during a virtual conference on the automobile industry organized by the Federal Reserve Bank of Chicago.

        Trade with Mexico and China remain key issues for the new administration, she said. “This isn’t going to be the Obama administration. The Biden administration will be much more hawkish on China,” she predicted.

        (Top Biden adviser says addressing climate change, China tops agenda.)

        Lovely said it is unlikely that the new Biden administration will withdraw the tariffs Trump has applied on goods imported from China even though the Trump tariffs have been ineffective and harmful.

        Biden is unlikely to remove the tariffs put in place by the Trump administration while talking with China and President Xi Jinping.

        The Biden administration will engage with Chinese in effort to reduce tension on trade issues. But it is likely to bring their own list of demands, including a greater emphasis on the issues surrounding intellectual property, she said.

        The Biden administration also is likely to use trade negotiations to promote its agenda on climate agenda.

        However, the new president is expected to be more predictable in his handling of trade issues, noted Matt Blunt, the president of the American Automotive Policy Council. The AAPC also hopes the incoming administration will consult with the private sector before implementing new policies.

        The new U.S. Mexico Canada Agreement, the trade pact that replaced NAFTA, is still not fully implemented.

        The USMCA’s labor provisions will be tested under the Biden administration, which has promised his allies in the AFL-CIO to use the labor provisions in the trade agreement to force reforms across Mexico with the objective of forcing employers to pay higher wages.

        Andrew Koblenz, general counsel of the National Automobile Dealers Association, noted the support in Congress for free trade.

        Mexican President Andres Manuel Lopez Obrador is sympathetic to the striking workers. Will he be helpful in the push to raise wages of auto workers?

        (Advocates push President-elect Biden on truck safety.)

        Even before the Trump era, the Democratic Party was split about trade with some Democrats closely aligned with organized labor, opposed to free trade and calling for more protection for workers, while others supported a full trade agenda

        Republicans in Congress, however, used to deliver a solid, and unwavering block of votes for free trade agreements such as the North American Free Trade Agreement supported by Ronald Reagan, George H.W. Bush and George Bush, Koblenz notes.

        Koblenz said Republican support for trade is now in flux. The upheaval in Washington D.C. highlighted by the riot in the U.S. Capitol on Jan. 6 has only exacerbated the uncertainty around GOP support for trade initiatives in Republican ranks.

        Lovely, Blunt and Koblenz, however, said free trade in the automotive sector and other sectors of the economy still represents an opportunity to expand the economy for the benefit of all Americans.

        Trump’s initiatives on trade also were ineffective work.

        AAPC’s Matt Blunt hopes the incoming administration will consult with the private sector more often before implementing new trade policies.

        The recent post on the market-oriented website Seeking Alpha noted before the dispute escalated in 2019, 23% of all American imports came from China, roughly as much as neighboring Canada and Mexico combined.

        U.S. goods trade deficit with China reached a record $419.2 billion in 2018, and while that shrunk to $345 million the next year or roughly the same level as 2016, the overall trade deficit did not. Unilateral tariffs on China diverted trade flows to other countries, boosting U.S. imports from Vietnam, Malaysia, Taiwan and even Mexico, the post noted.

        (As Biden’s new Transportation chief, “Mayor Pete” will face massive list of automotive challenges.)

        “Economists have also found Chinese exporters generally didn’t lower prices to keep their goods competitive, meaning tariff duties were mostly paid by U.S. companies and consumers, and for China, it mainly led to a loss in export value,” Seeking Alpha noted.

        How to Care for Your Car

        Cheap Car Warranty

        Editor's Choice

        Best Extended Car Warranty

        Editor's Choice
        Recently Published
        FIA Formula E 2023 Jakarta teams on track REL

        FIA’s Formula E is Changing the Way We Look at Racing

        Today
        2024 Lexus TX - debut front 3-4

        Lexus Lifts the Covers Off New, Three-Row TX SUV

        Today

        First Look: 2024 Lexus GX

        Today

        Leave a Reply Cancel reply

        Your email address will not be published. Required fields are marked *

        Share this article:
        © The Detroit Bureau 2023
        • Guides
        • Privacy Policy
        • Terms of Use
        • Affiliate Disclosure
        • Contact Us
        • Sitemap
        Follow Us: