The US needs to completely reshape how it does business with China

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The US and China are back on an economic and strategic collision course as a result of the global pandemic and earlier policy failures.

The US has few ways of materially altering the status quo of a troubled Sino-American trade relationship. but it does have important policy cards it can and must play, both at home and abroad.

This is not about instituting a "trade war." It is about leveling the field on which trade is conducted in favor of now-desperate American labor and domestic manufacturers.

Dan Alpert is an adjunct professor at Cornell Law School and a founding managing partner of the New York investment bank Westwood Capital LLC.

This is an opinion column. The thoughts expressed are those of the author.

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The COVID-19 pandemic has brought American and China back onto a collision course. All notions of Trumpian "deal making" have been lost in the gutter of nationalist name-calling by the US and consolidation of power while the world is licking its wounds by China The fracture has come on the tail of one of the the greatest social welfare and economic collapses in living memory.

Nonetheless, for whatever China may, or may not, have done to alert, or attempt to save, the world from the scourge of the novel coronavirus, the fact remains that short of direct military confrontation or near-total economic disengagement the US has few ways to meaningfully reshape the Sino-American trade relationship.See the rest of the story at Business InsiderNOW WATCH: Tax Day is now July 15 this is what it's like to do your own taxes for the very first timeSee Also:The dangers and benefits of a post-pandemic work-from-home revolutionThe US and China relationship just reached its most dangerous point in history, and it couldn't have come at a worse timeAmerican businesses need news from China. The White House is in the way.

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