XPost: talk.politics.misc, alt.russian.z1

<https://tinyurl.com/yo25ueou> city-journal.org

Ceding the Trade Terrain to China
Democrats have completed the Trump turn away from markets, damaging
America's economic and security interests in the process ..

In the years since the U.S. abandonment of the TPP, China has led the
effort to build the Regional Comprehensive Economic Partnership (RCEP),
a trade agreement that includes [regional countries]. This agreement
more tightly binds those countries to China, particularly in
manufacturing .. While China has been commercially assertive in the Asia-Pacific region, the United States has been missing in action in
trade negotiations ..

Protectionist policies that irritate our allies and partners come at
the expense of building an effective coalition to counter China ..
Biden's protectionist instincts are undermining transatlantic
cooperation .. Netherlands, Taiwan, and South Korea .. are starting to
grow more reluctant ..

Democrats' approach to trade is to kneecap our most important businesses
in global markets, make demands on our economic allies while offering
nothing in return, and cede more geopolitical power to China ..

...

The point is that the US policy makers are trying to achieve mutually
exclusive goals, and such an effort is naturally unsuccessful (but they
can't be saner because they don't know other way).

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