Biden needs to calm a global economy weary of Trumponomics
It’s hard to say just how damaging Trump’s economic agenda has been, but it’s undermined key global relationships and institutions
The election of Joe Biden as US president has prompted sighs of relief across the world — not least because his White House is expected to be a boon for the international economy.
Donald Trump’s erratic behaviour on trade and currencies has weighed on foreign companies and governments while doing little to fulfil his domestic objectives. Even though it’s hard to say precisely how damaging the US president’s economic agenda has been, especially with the recent Covid-19 crisis, it’s caused enough uncertainty to undermine key global relationships and institutions. A challenge for Biden will be strengthening a multilateral framework that’s badly in need of repair. ..
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