Assignment task:
What's the Big Controversy Over International Trade?
When the Biden administration came into office, it told China officials that they would not immediately remove the Trump administration tariffs, and would require Beijing to uphold its trade deals.
It's been said that everyone loses in a trade war. Doesn't the Biden administration know this rule? Why is it proceeding as it is?
What is the protectionist viewpoint, and what is the free trade viewpoint? Who are the winners and losers in each?