It’s the opening salvo of the key economic battle of the 21st century and part of a worldwide struggle the United States must lead. That means the United States and other countries will have to respond with new tools and a new attitude. The Senate is sitting on legislation to reform the Committee on Foreign Investment in the United States to cover new industries and fix loopholes. If this really is the economic battle of the future, the United States needs allies in the fight. The United States must not embrace protectionism for its own sake.

Source: Washington Post March 26, 2018 00:11 UTC