It’s time to divorce China. Announce we will no longer be governed by World Trade Organization (WTO) rules, impose a balanced trade regime — either through across-the-board tariffs or quotas — and let the rest of the world adjust as it may.
Advertisement
Impose very strict controls on exports of technology, bilateral investment and the education of Chinese nationals in our business schools and STEM disciplines.
Initially, it will be costly.
Supply chains in many industries will be disrupted and require rearranging. Prices will go up on toasters and televisions at Walmart until production moves elsewhere in Asia or returns here. Apple and its high-tech brethren will have to stop outsourcing jobs and learn to act to serve American interests again.
Join the conversation as a VIP Member