Excerpt: “President Trump faces an inescapable irony: if he wants to deescalate a trade war on terms favorable to America, he needs to escalate the broader cold war with China. His administration should first identify US advantages over Beijing. Then, rather than ceding these advantages through trade negotiations, he should exploit them to weaken the CCP. Concurrently, Trump will need to signal his resolve to Xi and demonstrate America’s will to tolerate short-term pain for long-term benefit. Fortunately for the White House, such leverage already exists. For an effective first step in this escalation, Trump need look no further than TikTok.”
report (pdf)
(8 pages)