Part 9/15:
Regarding US political shifts, Rajan suggests that a new administration—whether led by Biden or Trump—will need to rethink the US-China relationship, focusing on de-escalation and cooperation. A unified and coherent approach from the US could pave the way for smoother negotiations and better international collaborations, especially with Europe and Japan.
He highlights that the Biden administration might prioritize rebuilding alliances and establishing clearer, more cohesive policies—potentially easing some of the recent trade tensions. Regardless of the outcome of the November elections, the overarching goal is clear: restoring stability and aligning economic strategies to foster global recovery.