What will the US midterms mean for trade policy on China?

The US midterm elections have resulted in a comprehensive victory for the Democrats, which could lead to increased scrutiny of trade deals made with China. This shift in power dynamics may embolden Congress to reassert its authority over trade policy, potentially leading to a re-evaluation of agreements made by President Donald Trump. A more assertive Congress could also influence the Biden administration's trade policy towards China, impacting the global trade landscape. This development could have significant implications for US-China trade relations and the broader economy.

Why it matters

The Democrats' victory in the US midterm elections could lead to greater scrutiny of trade deals with China. This might result in more favourable trade policies for China as Congress asserts its authority over trade policy.

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to South China Morning Post. For information only — not financial advice.