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
VideoChina's military could take Taiwan 'if they wanted to'
Former US Assistant Deputy Defence Secretary Jim Townsend says China could force Taiwan to capitulate without a full scale invasion. Watch the full interview from Times Radio...
By Jim Townsend
VideoJessica Drun on Pelosi visit to Taiwan
Center for a New American Security NextGen Fellow Jessica Drun joins CNN's Jim Sciutto to discuss Nancy Pelosi's recent visit to Taiwan and China's response. Watch the full i...
By Jessica Drun
VideoPelosi's Asia tour kicks off under Taiwan cloud
WION speaks with Lisa Curtis about House Speaker Nancy Pelosi's Asia tour and the secrecy of her visit to Taiwan.Watch the full interview from WION....
By Lisa Curtis
CommentarySharper: Middle East
President Biden’s recent Middle East tour was vital in presenting U.S. foreign policy in the region. Other geopolitical developments including the killing of al Qaeda leader A...
By Anna Pederson, John O'Malley & Arona Baigal