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Strategic Capitalism by Richard D’Aveni

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Foreword

We Are Already in a Trade War with China and We Are Losing, Badly

To remain economically competitive with other countries, particularly China, we need to deal with reality.

First, our leaders must realize that we are already in a trade war with China and we are losing, badly. Failing to address China’s unfair and protectionist trade practices has cost us millions of manufacturing jobs and devastated our middle class. We need to vigorously enforce our trade laws. This does not require a new program. We simply need to enforce the rules of existing trade agreements.

Critics will argue that this is protectionist, but there is nothing protectionist about holding other countries to their agreements. President Reagan understood this when he ...

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