David Goldman’s remarks on America’s challenges against China are, for the most part, spot-on. He is particularly on-target about two realities that may displease traditional conservatives: the failure of Trump’s China policy, and the need for some form of industrial policy.
Goldman may have voted twice for Trump (I did not), but he is no MAGA die-hard. He can read the numbers, which show growing dependence on China and an ever-widening trade deficit: imports from China rose over 30% more starting in January 2018, when Trump imposed tariffs. This 19th-century strategy simply did not work in the 21st.