I usually disagree with all of Joe Biden’s economic policies which is the reason I am caught so off guard by one that I approve of: tariffs on a range of Chinese goods.

Chinese – US trade has grown substantially since the 2001 inclusion of China in the World Trade Organization, a strategic blunder in my view as it has primarily benefited China at the expense of the US.

In that admission, the Chinese agreed to market access to China for foreign manufacturers, protections for intellectual property, and transparency around trade laws and regulations. None of this materialized.

BTW, the US has only had “normalized” relations with the People’s Republic of China, the Red Chinese, the Communists, since 1979. Continue reading →