A Remarkable Resemblance: Germany from 1900 to 1945 and China today. Time for a NATO for trade?The only real solution to confronting the most dominant power trader in history is to use a multitude of tactics.... we should not reject free trade ideals.But we should also not be blind to the harsh reality that the world now is distorted by the world’s strongest power trader: China. The answer is not deglobalization. It is not protectionism. It is not holding on to the naive hope that free trade could prevail if the United States simply “ends the trade war” (started by China). Rather, allied nations need to understand the adversary they face, and respond bravely, strategically, and expeditiously. International Economy: The Magazine of International Economic PolicyIE_3b5795d2-5f36-11eb-bd8d-bd5e1983ea00Robert D. AtkinsonAuthor | President of the Information Technology and Innovation FoundationBrave, strategic, and expeditious response_3b5798ca-5f36-11eb-bd8d-bd5e1983ea00To confront the most dominant power trader in history_3b579a6e-5f36-11eb-bd8d-bd5e1983ea00Free TradeCourageStrategic FocusExpediencyTacticsUse a multitude of tactics to offset China's distortion of world markets_3b579b5e-5f36-11eb-bd8d-bd5e1983ea00PoliciesSupport advanced and critical industries through smart, coordinated industrial and technology policies_3b579c4e-5f36-11eb-bd8d-bd5e1983ea001Advanced IndustriesCritical IndustriesThis means that allied nations need to do a better job of supporting their own advanced and critical industries through smart, coordinated industrial and technology policies.Alliances & Trade PactsBuild stronger alliances and deeper trade pacts among free-trading nations_3b579d3e-5f36-11eb-bd8d-bd5e1983ea002Free-Trading NationsIt means stronger alliances and deeper trade pacts among free-trading nations.CollaborationEngage in closer collaboration between allied nations to push back on Chinese predatory power trade practices_3b579e38-5f36-11eb-bd8d-bd5e1983ea003It means closer collaboration between allied nations to push back on Chinese predatory power trade practices, including increasing foreign aid to help developing nations avoid crippling dependency on China and better coordinating export controls and inward investment reviews.Economic SacrificesName and shame nations that are unwilling to make even modest economic sacrifices to help constrain China power trade_3b579f32-5f36-11eb-bd8d-bd5e1983ea004It means that a “coalition of the willing,” led by the United States, should name and shame other nations that are unwilling to make even modest economic sacrifices to help constrain China power trade, rather than free riding onthe efforts of a few nations, such as Australia, the United States, and, it appears, the United Kingdom.Trade OrganizationForm a NATO for trade_3b57a022-5f36-11eb-bd8d-bd5e1983ea005Democratically Allied Trade OrganizationThis new organization—call it the Democratically Allied Trade Organization (DATO)—should be governed by a council of participating countries, and if any member is threatened or attacked unjustly with trade measures that inflict economic harm, DATO would quickly convene and consider whether to take joint action to defend the member nation.It means the formation of a “NATO for trade” to more effectively counter Beijing’s strategy of picking off trade adversaries one at a time and bullying them into submission.2020-12-202021-01-25http://www.international-economy.com/TIE_F20_Atkinson.pdf?mc_cid=4adbf2c475&mc_eid=131f75a87fOwenAmburOwen.Ambur@verizon.netOwen.Ambur@verizon.net