What role (if any) does President Biden’s decision in July to end his presidential re-election campaign have on the economic conflict between the US and China?

What role (if any) does President Biden’s decision in July to end his presidential re-election campaign have on the economic conflict between the US and China?

1 Expert Answer

George Alessandria

Professor of Economics,  University of Rochester


Changing candidates probably doesn’t change the Democratic Party’s approach on trade policy, but it would be worthwhile to hear about this issue from the candidates in the lead-up to the election. I don’t think the outlook on trade policy changes much with Kamala Harris as the presumptive Democratic nominee, although it would be good for the candidates to discuss these issues. Our economic model recovers estimates of switching between trade war and trade peace from the actions of the firms most affected by these tariffs. These firms probably thought there was a chance that Harris could be president when making their decisions. It would be good for Harris and Trump to debate this issue.

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