Monday, September 10, 2018

Trump's China Trade Policy is Correct

     President Trump is correct about U.S.-China trade. China’s discrimination against us should stop. 
 
America has helped China in many ways over the years. In 1900, America’s insistence on an “Open Door” policy prevented China from becoming colonized by European powers. Before and during World War II, the U.S. helped China defend against Japan. After the war, we ensured that China become one of the five permanent members of the UN Security Council. President Nixon’s famous trip established bilateral ties with China. After Mao’s death, the U.S. granted favorable trade terms. President Carter gave China most-favored-nation trading status. President Reagan exempted China from trade restrictions applying to other communist countries. President George H. W. Bush gave China permanent normal trade relations and enabled it to join the World Trade Organization. 

China’s tariffs should not remain almost three times higher than U.S. tariffs. China should also stop stealing American technology and stop engaging in electronic sabotage. 

President Trump has raised U.S. tariffs to pressure China into making its relationship with us more equitable. He has chosen economist David Malpass as his representative for China trade. I am familiar with Mr. Malpass and have great respect for him. 

China will eventually level the playing field. America’s new tariffs on Chinese goods, intended to be temporary, will then come down. President Trump’s China policy is worthwhile. He’s going about it the right way, and I believe his efforts will pay off.