Biden Administrations Diplomatic Approach to Trade Policy: A Shift Away from Trumps Section 232 Measures

The Biden administration is taking a different approach to trade policy compared to its predecessor, the Trump administration. While the Trump administration implemented a series of tariffs on various countries, including China, the Biden administration has taken a more measured and diplomatic approach to trade negotiations. One of the key differences between the two administrations is the use of Section 232 measures. The Trump administration used Section 232 to impose tariffs on steel, aluminum, and other critical industries, citing national security concerns. The Biden administration has not used Section 232 to impose tariffs but has instead focused on re-engaging with other countries to lower trade barriers and promote free trade. One of the key initiatives of the Biden administration is the US-EU Trade and Technology Council (TTC). The TTC was established in 2021 and aims to promote cooperation between the United States and the European Union in areas such as technology, innovation, and trade. The TTC has already led to several joint projects and initiatives, including a joint research project on artificial intelligence and a joint statement on the importance of open markets and fair competition. Another key initiative of the Biden administration is the US-Mexico-Canada Agreement (USMCA), which replaced the North American Free Trade Agreement (NAFTA). The USMCA was signed by the United States, Mexico, and Canada in 2020 and aims to modernize and strengthen the trade relationship between the three countries. The agreement includes provisions on labor standards, environmental protections, and intellectual property rights, among others. While the Trump administration's use of tariffs was controversial and led to a significant increase in trade tensions with various countries, the Biden administration's approach has been more focused on diplomacy and cooperation. The ongoing TTC and USMCA initiatives are examples of how the Biden administration is working to promote free trade and strengthen relationships with key trading partners. In conclusion, while the Trump administration's use of tariffs was a controversial approach to trade policy, the Biden administration is taking a more measured and diplomatic approach to trade negotiations. The ongoing TTC and USMCA initiatives are examples of how the Biden administration is working to promote free trade and strengthen relationships with key trading partners. This approach is likely to continue as the Biden administration seeks to navigate the complex global trade landscape and promote American interests in a post-pandemic world.