We've been there, seen that and done that. US consumers will pay higher prices for inferior products that can't compete in international markets.
It’s not all hopeless. As it’s tied to one old man yelling at windmills.
So the plan is to allow the competition to become firmly established in world markets.
In other words, he wants to give the competition (aka China) a hand? Instead of competition, he prefers capitulation.
This will help others but not the US.
We've been there, seen that and done that. US consumers will pay higher prices for inferior products that can't compete in international markets.