After the Biden administration released its formal trade agenda to Congress, its most glaring message was absent — that the United States will use dispassionate reason to restore relations with China.
Thought leaders from business and academia have addressed the uncertainty facing the international trade environment as it emerges from the Covid-19 economic crisis.
Atradius’s latest US Country Report anticipates a more positive outlook for the US following the change in presidential administrations, but cautions that downside risks remain.
With a focus on insolvency and default expectations, our team comments on the US economy, the impeachment trial, the pandemic, and global trade strategy.
The economic toll of the COVID-19 pandemic is incalculable. The World Bank estimates the world economy shrank by 4.3% in 2020, a setback matched only by the Depression and the two world wars.