Biden says will pursue new roles of global trade to level playing field

Comments from the President

  • Will work with congress to double public international financing to help developing countries deal with climate change
  • US will oppose attempts by stronger countries to dominate weaker ones
  • We are not seeking a new cold war
  • We are committed to preventing Iran from getting a nuclear weapon
There are reports today that Iran nuclear talks will restart and that could be weighing on oil. As for the comments on trade, I think that’s more of a token line than a pledge to take substantial action. Given the covid situation, trade isn’t at the top of the global agenda.
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