July 20, 2017
America Doesn't Need Tariffs to Compete with China
Last week, President Donald Trump renewed his pledge to defend American steel producers against what he described as the unfair practices of overseas competitors. Singling out China in particular, the president declared that these competitors were “dumping steel and destroying our steel industry . . . and I’m stopping it.” He pledged to consider tariffs, quotas, or other similar restrictions on the steel trade to protect American manufacturers from China and other competitors.
Unfortunately, this initiative misidentifies the problem facing American workers, prescribes policy that would aid the comfortable and harm those actually in need, and omits those steps necessary to truly prepare the United States to compete in the economy of the future.
Read the full article in The National Interest.
More from CNAS
-
CNAS Insights | Mr. President, You Are Losing India
Last month, after Xi Jinping, Vladimir Putin, and Narendra Modi clasped hands in Tianjin, China, President Donald Trump concluded that the United States had “lost India and Ru...
By Lisa Curtis & Richard Fontaine
-
N. Korea Hardens Nuclear Stance at UN, Hints at Selective Diplomacy
Seven years after disappearing from the UN’s main stage, North Korea returned — and made sure the world listened. Vice Minister Kim Son-kyong stood before the General Assembly...
By Dr. Go Myong-Hyun
-
USSC Briefing Room | The Prognosis for the Quad and Other U.S. Alliances in the Indo-Pacific
In conversation with the United States Studies Centre, Director of the Indo-Pacific Program at the Center for a New American Security, Lisa Curtis discussed the Quad and the f...
By Lisa Curtis
-
Afghanistan: Why Does Trump Want to Retake Bagram Air Base?
Lisa Curtis, senior fellow and program director at the Center for a New American Security joined Deutsche Welle to discuss President Trump's comments on the U.S. regaining con...
By Lisa Curtis