Experts invited by Georgetown Law's Center on Inclusive Trade and Development to talk about U.S.-China relations said a truce in the Trump trade war that has continued under President Joe Biden is unlikely, and that the trade war may intensify, no matter who the next president is.
A climate policy adviser to Sen. Sheldon Whitehouse, a Rhode Island Democrat and lead advocate for a domestic carbon tax paired with a carbon border tax, said he thinks the expiration of Trump tax credits in 2025 could create a window to pass some sort of carbon border adjustment tax, because Congress will be seeking revenue raisers to be able to continue the tax cuts.