World Perspectives

Long War; FB (Mis)Calculations

Long War At this week’s general session of the WTO, Dennis Shea, USTR’s chief of mission in Geneva, expressed incredulity that China would spin itself as the icon of global trade liberalization while painting the U.S. as protectionist. Most of the headlines characterize the Trump administration’s approach as protectionist when it is, in fact, an effort to force a more level playing field. Perhaps Shea’s challenge to the WTO membership should have instead been to please raise your hand if you would like the U.S. to adopt China’s policies and practices. That would entail a strong industrial policy, selective protectionism, credit subsidies, many state-owned enterprises, domestic content rules, technology transfe...

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