Our New Trade Policy

As far as I can tell, it is the following:

Borrow billions from China and other rising powers

Decree “Buy American” when it comes to government contractor purchases, to take market share away from Chinese companies

Subsidizing failing American companies (GM, Chrysler, etc) that compete against more efficient Chinese companies.

When decrees and subsidies don’t work, tax goods from China.

In other words, a complete disaster.