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US and China Passing Laws to Stifle Trade and Investment

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US and China Passing Laws to Stifle Trade and Investment
President Joe Biden speaks before signing the CHIPS and Science Act of 2022 during a ceremony on the South Lawn of the White House in Washington on Aug. 9, 2022. Chip Somodevilla/Getty Images
Milton Ezrati
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Commentary

Beijing and Washington seem to be traveling on parallel tracks. Both talk about improving relations while each, in its own way, imposes rules that stifle trade with and investment in the other.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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