Trump promised to beat China — but his policies have given Beijing the upper hand (opens in new tab)

President Donald Trump has repeatedly promised to make America more competitive compared to China, yet a recent report suggests the opposite has proved to be the case.“While Washington raises walls, Beijing is opening doors,” wrote Fortune’s Steve H. Hanke on Sunday. “On May 1, Chinese tariffs on imports from all 53 African countries with which China holds diplomatic relations plunged to zero. Europeans now enter China visa-free. India’s Modi government is fast-tracking minority Chinese inves...