What should be the goal of America’s trade policy with China? The simple answer would be mutually beneficial exchange of goods, services and payments. However, the Chinese government’s recent actions in many areas have muddied the waters. Unfortunately, the American response has made a bad situation worse. A major rethink is required. The charges laid at China are serious. There are instances of forced technology transfer, fraud and incentives seemingly aimed at destroying American manufacturing capacity, among other things. America’s response, now under two presidents of different parties, has been to attempt to restrict trade unilaterally through tariffs and other measures. President
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