Source: Responsible Statecraft
by Jake Werner
“In September, the U.S. Commerce Department issued a rule that would result in a de facto ban on all Chinese autos in the United States. Invoking a looming danger to national security, Biden administration policy claims — without offering evidence or considering alternatives — that only complete exclusion of Chinese auto firms could keep Americans safe. This is only the latest indication that the U.S. political elite, seized with panic over the challenge China poses to American power and prosperity, is creeping toward cutting off the U.S. from Chinese advanced sectors across the board. Not only does this approach drive us further down the road to great power bloc formation, it is likely to seriously damage the long-term global competitiveness of U.S. firms as well.” (10/14/24)