By Dave Rank and Alan Yu
President-elect Donald Trump has made clear, through his policy proposals on the campaign trail and by those he has chosen to lead his national security team, what his plans for China policy under his second administration will look like. It is equally clear that his policy approaches threaten to wreck the U.S. economy, hurt American workers, damage trust with like-minded countries around the world, and increase wasteful military spending, even as they make the United States less secure.
Making America poorer, weaker, and less secure
On trade, Trump pledged to levy a 60 percent tariff on all goods from China and a 10 percent tariff on all other imported goods, regardless of whether those products are—or even could be—made by Americans. There is a place for judicious use of tariffs as a part of a president’s trade toolbox, but it is important to think through the likely impacts of a 60 percent tariff on Chinese-made goods. --CLICK STORY TO READ MORE