Focus on US trade policies as world battles pandemic3 min read 04 Nov 2020, 10:18 PM IST
It is to be seen if WTO can get back to its normal functioning if Biden wins
There is hardly any doubt that the 2020 Presidential election in the US is the most significant not just for the country but for the world as a whole since Harry Truman was elected President in 1948. Then, as now, the global economy and polity were experiencing seismic changes whose ramifications would be felt by future generations. While the late 1940s gave way to two contrasting outcomes, golden age of capitalism, and the spectre of the Cold War, the second decade of the 21st century finds itself at the threshold of a new cold war, coupled with increasing economic uncertainties.