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Biden Announces Foreign Policy Strategy, Targets China And Russia – Market Subset News


OPINION: This article may contain commentary which reflects the author’s opinion.

President Joe Bien’s administration is preparing to go head to head with China and Russia in its new foreign policy strategy.

“In the early years of this decisive decade, the terms of geopolitical competition will be set while the window of opportunity to deal with shared challenges will narrow. We cannot compete successfully to shape the international order unless we have an affirmative plan to tackle shared challenges, and we cannot do that unless we recognize how heightened competition affects cooperation and act accordingly,” the White House said on its website.

But it was the next section, where the administration vowed to go head to head with China and Russia that caught many eyes.


“The most pressing strategic challenge we face as we pursue a free, open, prosperous, and secure world are from powers that layer authoritarian governance with a revisionist foreign policy.

“We will effectively compete with the People’s Republic of China, which is the only competitor with both the intent and, increasingly, the capability to reshape the international order, while constraining a dangerous Russia,” the White House said.

“Strategic competition is global, but we will avoid the temptation to view the world solely through a competitive lens, and engage countries on their own terms,” it said.

The administration said it planned to build a coalition to meet its goals.

“While this competition is underway, people all over the world are struggling to cope with the effects of shared challenges that cross borders—whether it is climate change, food insecurity, communicable diseases, or inflation. These shared challenges are not marginal issues that are secondary to geopolitics. They are at the very core of national and international security and must be treated as such,” the administration said.

“We are building the strongest and broadest coalition of nations to enhance our collective capacity to solve these challenges and deliver for the American people and those around the world.

“To preserve and increase international cooperation in an age of competition, we will pursue a dual-track approach. On one track, we will work with any country, including our competitors, willing to constructively address shared challenges within the rules-based international order and while working to strengthen international institutions. On the other track, we will deepen cooperation with democracies at the core of our coalition, creating a latticework of strong, resilient, and mutually reinforcing relationships that prove democracies can deliver for their people and the world,” it said.

Brazil’s Economy Minister Paulo Guedes spoke to Fox News about the relationship with the Biden administration and said it was on better terms with former President Donald Trump.

“Trump likes (Brazilian President Jair) Bolsonaro, and Bolsonaro likes Trump, and then it went to indifference between Biden and Bolsonaro,” he said.

“We should be committed to democracies, to market economies, to clean debt, to human rights, to world of cooperation and trade, so I think we stand for the same values,” the economy minister said.

“The good news in Brazil is exactly that we are growing faster than all forecasts made before, and we are going to have a lower inflation than all [other] G7 countries,” he said. “So we are growing faster than the G7 countries and having lower inflation than the G7 countries. This is very important to us because we acted preemptively.”

He ignored criticism of Brazil accepting investments from China, and mentioned what the United States had done with the communist nation.

“When Nixon and Kissinger touched China, they could have touched Brazil, for instance, and Latin America. But the idea was to win the Cold War,” he said.

“We like a lot of the U.S., but you guys have been down with the Chinese for 40 years, and now you got upset with each other, and we have been dancing with nobody for 20 or 30 years,” he said. “We closed our economies. So now we are opening the economy and receiving investment from all over the world.”

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