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Trump’s trade war may miss China's plan to own the future

Illustration: Sarah Grillo / Axios

Trade and China experts fear that President Trump, seeking a marquee, high-dollar deal with Beijing to reduce a $375 billion trade imbalance, may achieve a political win but leave the U.S. at a critical, long-term economic disadvantage.

What they're saying: China's stated objective is to dominate the primary industries of future wealth and the jobs that come with them, including artificial intelligence, robotics, self-driving and electric cars, and advanced microchips. It is smoothing its path there using tech obtained through means including coercion of western companies, according to long-standing industry complaints.