These are the obstacles in the way of global development.

There is a strong economic and strategic case for the US to return to the TPP.

China and the United States are potentially looking to recruit allies to stand with them in the ongoing trade battle.

Trump may never be able to live up to his campaign promise of getting Mexico to pay for the wall, but he would be able to say that he rebuilt America--and got China to pay for it.

Industrial technological competition is at the center of China-US competition.

The U.S. should produce new products for export to China to reduce the trade deficit.

Those who take Trump more literally on trade issues warn that he really does measure success by rebalancing trade in favor of significantly more U.S. exports and fewer imports. Most trade experts would agree that none of the concessions China is likely to make in the near future would significantly erode China’s massive trade surplus with the United States.

The Trump administration has come back around to the TPP for the same reasons that the Obama administration pushed the deal in the first place: its use as a bargaining chip in the struggle for Asian hegemony.

Long the ballast of China-U.S. relations, bilateral trade is now a sore point.

China will be dedicated to building an open world economy that will be beneficial to all.