Friday, June 28, 2019

Trump’s Trade War Is the Wrong Way to Compete With China Focus On Renewal, Not Protectionism By Tom Donilon

The rivalry between the United States and China is here to stay. But the Trump administration is bringing the wrong tools to the contest, applying blunt trade-war tactics reminiscent of the nineteenth century instead of crafting a strategy to keep the United States the world’s economic and technological leader in the twenty-first. Defensive protectionism will not meet the China challenge; only domestic revival can do that. Restoring the United States’ global standing and revitalizing its economy will require an ambitious strategy that doesn’t rely solely on changing Chinese behavior so much as on preparing the United States to compete.
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