Thursday, August 9, 2018

China Is Cheating at a Rigged Game

The trade war is a sign of a global system gone badly wrong.

(Thomas Peter/Getty Images/Leon Neal/Getty Images/iStockphoto/Foreign Policy illustration)(Thomas Peter/Getty Images/Leon Neal/Getty Images/iStockphoto/Foreign Policy illustration)

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BY -
AUGUST 8, 2018, 9:29 AM
A new attitude toward China is rapidly taking shape across the U.S. political spectrum. Sen. Bernie Sanders (I-Vt.) echoes President Donald Trump’s talking points, decrying the transfer of “our” technology to China and condemning investment there. Fellow progressive Sen. Elizabeth Warren (D-Mass.) is lining up with former White House Chief Strategist Steve Bannon calling for an “aggressive” policy. Establishment Democrats like Senate Minority Leader Chuck Schumer are endorsingTrump’s trade war with China. Free-trade stalwarts like the Wall Street Journal editorial board and establishment bodies like the Council on Foreign Relations are finding common ground with protectionist unions like the United Steelworkers and trade critics like Global Trade Watch. While there are still significant differences of policy and strategy, seemingly everyone agrees that the Chinese are conducting trade in a predatory manner that hurts American business and workers, and that the time for confrontation has arrived.