The U.S. Could Become a Casualty of Its Trade War With China

America Is Fighting To Prop up Fading Industries When It Should Be Protecting Intellectual Property Instead

Are the United States and China in a trade war? If they are, who’s winning, who’s losing, and what will be the economic and political fallout in the years to come?

Those questions ricocheted around a Zócalo/UCLA Anderson event in downtown Los Angeles’ Little Tokyo district. The four panelists agreed that, while President Donald Trump’s constant China-bashing rhetoric and protectionist policies delight his core supporters, they won’t do much to help the U.S. economy or stop the country from running up its trade deficit.

The event, titled “What Will Trump’s …