A Trump presidency will be mired in protectionism – much of it specifically focused on China

Trump says he will institute a system of tariffs of on most foreign goods. Penalties would increase if trade partners manipulate their currencies or engage in other unfair trading practices. He will urge that Congress pass a “Trump Reciprocal Trade Act,” giving the president authority to impose a reciprocal tariff on any country that imposes one on the U.S. Much of the agenda focuses on China. Trump has proposed a four-year plan to phase out Chinese imports of essential goods, including electronics, steel and pharmaceuticals. He wants to ban Chinese companies from owning vital U.S. infrastructure in sectors such as energy, technology and agriculture, and says he will force Chinese owners to sell any holdings “that jeopardize America’s national security.”