It's undoubtedly true that President Trump's trade policy is foolish and destructive. It's also undoubtedly true that China is one of Trump's bête noires. But these two truths do not mean China is some sort of innocent. The Chinese government is itself a potentially dangerous economic and political force on the world stage. Unfortunately, like I said, Trump is being foolish and destructive in dealing with China. He's probably going to get played. As an example, let's take a steel...

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