Don’t Get Distracted by the Trade Deficit With China

Sunday, May 20, 2018

“The U.S. should not waste any more of its negotiating capital on the $200 billion target. Instead, the talks should focus on more-legitimate complaints about China’s unfair practices. In many cases these can be solved by strengthening the hands of reformers, so China continues to take its rightful place as not just one of the world’s major producers but also as one of its leading consumers. The benefits would extend far beyond Beijing.”