• President Joe Biden brings decades of foreign policy experience to his new office – including the experience of heading up various foreign policy initiatives as vice president and three terms as chair of the Senate Foreign Relations Committee. As compared to President Trump’s less predictable and more transactional approach to foreign policy, Biden is expected to return to an approach that foreign leaders are more accustomed to – measured diplomacy, cooperation, and a focus on coordination with US allies.
  • US-China relations – and challenges related to trade issues in particular – are expected to remain as pressing for the Biden administration as they were for the Trump administration. Requiring US companies to undertake technology transfers as a requirement of doing business in China and the theft of US intellectual property remain key points of friction. Differences regarding electoral freedoms in Hong Kong and the situation regarding the Uighur population in Xinjiang are likely to remain front and center.
  • The Biden administration is expected to rejoin US allies in the Iran nuclear agreement, which is likely to result in the easing of some economic sanctions currently in place. Extending weapons treaty agreements with Russia, global climate change initiatives, and a relative reset of US-Saudi relations are among the other issues that the Biden White House will have to balance in the months and years ahead.
This material is provided for informational purposes only and should not be construed as investment advice.

There can be no assurance that developments will transpire as forecasted. Actual results may vary.

The views and opinions expressed may change based on market and other conditions. Unless otherwise noted, the opinions of the speakers provided are not necessarily those of Natixis Investment Managers or any of its affiliates.


Related Articles

Creating Sustainable Value: The Transition to Responsible Capitalism Will Not be a Smooth Ride

With the Creating Sustainable Value newsletter, Mirova offers you to understand the markets from a new angle and to engage in sustainable development.

  • May 21, 2021
Taking the Pulse of the Covid-19 Recovery

PM Jack Janasiewicz on near-term market conditions – including the status of the pandemic recovery and potential effects of Biden administration proposals.

Global Market Strategy

Natixis Investment Managers Solutions latest thinking on what’s moving markets.

DNCA Investment Outlook – April 2021

Despite the health situation remaining complex, the economic outlook is improving.

  • April 28, 2021