Gordon Chang on Trump’s China Tariffs: Commercializing Our Intellectual Property Is Vital to Lift Our Economy in the 21st Century

‘I mean, we have no choice’

RUSH EXCERPT:

CHANG: “That’s a hundred percent wrong. I mean, nobody in the U.S. Wants to have this trade friction but China has forced us into it. They steal somewhere between a hundred and 50 to $600 billion a year of U.S. Intellectual property. The tariffs that President Trump imposed last year and will again impose this year or a remedy for that theft. I mean, we have no choice. So, our backs are against the wall because we have an innovation-based economy. If we can’t commercialize our intellectual property, we do not have an economy of the 21st century.”

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