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Jared Bernstein on the Next Stage of Bidenomics

Odd Lots

NOTE

The Bidenomics Framework for International Trade

There is commonality and agreement among many countries regarding economic policies and investment strategies./nEurope has been implementing industrial strategy and promoting cooperation in the clean energy economy for a longer time than the US./nInternational trade policy under Bidenomics does not lean towards autarky, but rather focuses on robust trade flows./nBidenomics considers Americans not only as consumers but also as workers who rely on domestic production and good jobs./nThe goal is to lower the costs of critical goods through collaboration with trading partners while maintaining strong communities.

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