China is challenging the United States militarily, geopolitically, and economically. These challenges are connected, and the right response must address all three. The answer is a single new policy: a foreign pollution fee. This fee will target imports that are produced with higher greenhouse gas emissions than American-produced goods. The difference in environmental regulation enforcement between China and the United States lowers the cost of manufacturing in China, thereby encouraging U.S. manufacturing and the jobs associated with it to migrate overseas. Such losses for the United States’ economy put downward pressure on its industrial base and American standards of living. The benefits
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