Jacob Cooke | US - China Relations Outlook 2021 & Beyond

<p><strong>Topics Discussed and Key Points:</strong></p><p>●      U.S.-China relations under President Biden</p><p>●      What Biden’s top priorities should be with regard to China</p><p>●      How much of the tariff war is really just about knowing how to apply for exemptions?</p><p>●      How the tech sector has been impacted by tariffs</p><p>●      The changes in manufacturing, distribution, and consumption throughout 2020</p><p>●      China’s shifting relations with other countries regarding supply chain logistics and commerce</p><p>●      Addressing “cracks” in the Belt and Road Initiative</p><p>●      Will U.S. business and consumers benefit under a Biden administration?</p><p><strong> </strong></p><p><strong>Episode Summary:</strong></p><p>Today on The Negotiation, we speak with Jacob Cooke, co-founder of WPIC Marketing and Technologies.</p><p>There has obviously been a lot of talk about how U.S.-China relations will be affected under Joe Biden’s presidency. But Jacob does not expect there to be major changes because the administration will, for at least its first half, have its hands tied with internal issues. He also suggests that many on both sides of the aisle may have overestimated how the tariffs will be handled by the new administration within the next four years.</p><p>“At the end of the day,” he says, “the people on the ground are still trading at record numbers.” There are more exemptions being put on current tariffs all the time, both on China <em>and</em> the United States. Even without travel, business is still being done between both countries and is growing at a promising level.</p><p>The supply chain is particularly complicated when it comes to technology. With all that complexity, if even one element is hampered, the entire process is impeded. For instance, there are automobile lines shut down right now in China (and in other parts of the world) because they are not receiving the right chips.</p><p>“There’s going to be more homegrown tech all over the place,” says Jacob, speaking