Trade news > Biden aims for new course on trade, breaking with Trump and Democratic predecessors
Biden aims for new course on trade, breaking with Trump and Democratic predecessors
01/14/2021
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David J. Lynch | Washington Post
It may not take long for President-elect Joe Biden to distinguish his trade policy from his predecessor’s “America First” approach.
When members of the World Trade Organization meet in Geneva to agree on a new chief, probably within a few weeks of Inauguration Day, Biden could drop the Trump administration’s veto of the consensus candidate, former Nigerian finance minister Ngozi Okonjo-Iweala, and allow her to become the first woman to head the global trade body.
Accepting the well-respected official favored by almost all other U.S. trading partners would mark a sharp break from President Trump’s go-it-alone stance and begin reshaping international economic policy after years of tariff threats and trade wars.
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