Donald Trump is smacking tariffs on China in part to stop it dominating the industries of the future. Economists say the strategy’s doomed to fail.
Trump’s tariff list does target exports of Chinese goods that are the building blocks to becoming an advanced industrial power -- machinery and electronics, metals, chemicals and transportation equipment.
But the question is whether making imports of those things to the US a bit more expensive will curtail the sectors in China enough to thwart the nation’s advance toward mastering things like robots, biotechnology and quantum computers.
“The US believes that they can affect China’s ability to move