Opinion: Seven ways the next U.S. president can play ‘responsible hardball’ in trade dealings with China
To address problems caused by China's trade surplus with the United States, the next American president should consider taking seven actions: restrict foreign state enterprises to invest in the U.S., especially through mergers and acquisitions; drop the idea of heavy tariffs and other protectionist moves that would start a trade war; leverage China's desire to be considered a market economy; use the the Trans-Pacific Partnership to encourage China to reform; avoid labeling China a currency manipulator, given it is now an inaccurate description; focus economic dialogues with China on the nation's extraordinarily high savings rate; and help support Americans whose jobs are disrupted by trade, writes David Dollar.
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Mar 24, 2017