Economist Stephen Roach questions Biden’s decision to keep Trump’s China policies
Stephen Roach, a senior fellow at Yale University, said he found it “really curious” that U.S. President Joe Biden has left much of his predecessor’s policies on China in place.
Roach noted that Biden kept the “seriously flawed” phase one trade deal and the tariffs on China even though he reversed many other policies enacted by former President Donald Trump.
Roach, who’s a former chairman of Morgan Stanley Asia, said he’s “very concerned” about escalating U.S.-China rhetoric.