Abstract
The United States of America is a part of the globalization of international trade law. The USA is known as a leading global trader among all nations. The President of the USA plays a vital role in the development of international trade law. On 8 November 2016, Donald Trump was elected as president of the United States of America. Donald Trump engaged in different trade deals and policies with different countries and international institutions. The trade deals and policies are withdrawal from TPP, reshaping NAFTA, reforming WTO, and imposing tariffs on foreign goods. On 8 November 2020, CNN commented, Joe Biden will be the next president of the USA. Many scholars expressed different thoughts relating to the reforming international trade law by Joe Biden. The main aim of Joe Biden will be to remove trade barriers and end artificial trade wars with different foreign nations. My research will suggest how Joe Biden may overcome these issues for the betterment of the international trade law around the world.
Highlights
On 8 November 2020, CNN commented “America has chosen Democrat Joe Biden as its 46th president
The U.S Chamber of Commerce suggested, "America cannot have a growing economy or lift the wages and income of our citizens unless we continue to reach beyond our borders and sell products, produce, and services to the 95% of the world's population that lives outside the United States”
After analyzing both the situations, I will recommend how reforms can be expanded by Joe Biden for the development of the International Trade Law
Summary
On 8 November 2020, CNN commented “America has chosen Democrat Joe Biden as its 46th president. The above suggestion was supported by former President Barak Obama He believed Joe Biden will have to face many difficulties to overcome the current situation. It may be observed that Joe Biden will have to deal with an “unequal economy”. This provides an idea to readers that President Joe Biden will have to compromise all the trade issues and provide a fruitful trade solution. This trade solution will provide a tool for the globalization of international trade law around the world. I will discuss a brief life history of Joe Biden
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