Biden’s Radical Pick to Mop Up After Trump Trade Wars

  • Date: 14-Dec-2020
  • Source: Bloomberg
  • Sector:Economy
  • Country:Middle East
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Biden’s Radical Pick to Mop Up After Trump Trade Wars

U.S. trade policy is getting a new guardian. Which, after four years of radical policy-making in Washington, will be greeted by many trading partners as a soothing event — the mop-up after President Donald Trump's trade wars.Except you could make the case that President-elect Joe Biden's selection of congressional staffer Katherine Tai to be his trade czar is potentially radical in its own right. And that it sends some important signals about where U.S. trade policy is about to go.The consensus in Washington is that trade policy is not going to be a high priority for the Biden administration. In the gossipy world of Washington politics, some will see Tai's nomination as confirmation of that.USTRs of the past have had close political or personal connections to the presidents they served. Tai is starting without any that are apparent. She also is making an unusually large leap from the staff ranks in Congress to