President Trump’s trade policy has been defined by protectionism, cronyism, and mean‐​spiritedness. President Biden’s will be more polite.

On substance, geopolitics and domestic politics are sure to crowd out economic considerations in shaping U.S. trade policy. The best we can hope for is that Biden’s team will be resolute and more competent managing an increasingly adversarial relationship with China—a priority which will shape all major U.S. trade policy decisions for years to come.

Of course, President Biden will be advised to restore some semblance of trade normalcy. But let’s not forget just how dysfunctional normalcy was before America‐​first economic nationalism took center stage and made normal look idyllic. Going back to that old dysfunction, when congressional Democrats and their patrons largely opposed and congressional Republicans and their patrons largely supported trade agreements wouldn’t be…

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