International economics is one area of U.S. policy where there will be a clear break between the Trump and Biden eras. Whether it’s less obsession with bilateral trade deficits and tariffs, more commitment to multilateral problem-solving, or a more disciplined policymaking process, the Biden administration’s approach will be markedly different from that of its predecessor. But there are three aspects of international economic policy in which President Biden's impulses appear to pull in conflicting directions. Unless these tensions are reconciled, there is a risk that this important area of policy will get bogged down in the new administration.
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