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Jakarta, CNBC Indonesia – The presidential election (pilpres) in the United States (USA) is in sight. Democratic Party politician Joseph ‘Joe’ Biden, who is also the former vice president for the 2009-2017 era of President Barack Obama, is expected to have a chance to win over Trump. Even if Biden is elected, it is predicted that the policies that are adopted will not be much different from the current Donald Trump.
“Biden, like Obama, prioritized multilateral rather than bilateral. The Biden administration was also not pro free trade fully, but more will seek balance between protecting the US market from imports, especially from China and other countries that are seen as engaging in unfair trade competition, “said KADIN Vice President of International Relations Shinta W. Kamdani. CNBC Indonesia, Tuesday (3/11).
According to him, Biden most likely won’t stop right away. trade war review or commercial investigations related to the commercial activities of the United States with other countries. In particular, issues related to unfair trade competition, including issues of dumping and trade subsidies, to unfair business competition due to the role of SOEs in competing countries (China).
“Even in presentations economic planits title Made in All of America shows the political will to protect the US market for job creation. Biden said he did not hesitate to load or trade barriers to trading partners that are deemed harmful to the United States, “Shinta said.
He said that, in principle, Biden’s policies would be relatively the same as Trump’s if he won. It’s just that Biden’s concept is more structured or not sporadic like Trump. Rather, it leads to the concept of fair trade, which is certainly in the context of justice in American interests.
“Biden will also be more open to creating trade commitments that lead to this fair trade concept with countries that are currently being heavily repressed by Trump’s trade policies,” said this Executive Education graduate at Harvard Business School, Boston, Massachusetts, USA
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