News Snapshot:
Many Americans, even once-ardent proponents of globalization, have soured on trade with China. But there is a growing danger that as the United States tries to address its difficulties with China, it will pull back too far, severing economic ties that benefit American families and contribute to global peace and prosperity. The relationship problems are real, and cannot be minimized. Chinese industrial subsidies, often maintained despite promises to the contrary, stripped millions of jobs from America’s industrial heartland. Chinese companies flagrantly steal American innovations. China’s increasingly confrontational posture toward the United States and its allies — including the economic support...
