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The following policy options were on the drawing board or in discussion as preparations for a potential Trump second term were being made. These options span the spectrum from purely trade-related like increasing tariffs to cutting off Communist China’s access to American financial markets, research institutions, and consumers. The next American President should strongly consider adopting all of them as a package:

• Strategically expand tariffs to all Chinese products and increase tariff rates to levels that will block out “Made in China” products, and execute this strategy in a manner and at a pace that will not expose the U.S. to lack of access to essential products like key pharmaceuticals.

• Provide significant financial and tax incentives to American companies that are seeking to onshore production from Communist China to U.S. soil.

• Stop Communist China’s abuse of the so-called de minimis exemption, which allows it to evade the tariffs for products valued at less than $800.

• Prohibit Communist Chinese state-owned enterprises from bidding on U.S. government procurement contracts (for example, contracts for subway and other transportation systems).

• Prohibit the use of Communist Chinese-made drones in American airspace.

• Ban all Chinese social media apps such as TikTok and WeChat, which pose significant national security risks and expose American consumers to data and identity theft.

• Prohibit all Communist Chinese investment in high-technology industries.

• Prohibit U.S. pension funds from investing in Communist Chinese stocks.

• Delist any Communist Chinese stocks that do not meet Public Company Accounting Oversight Board standards or, alternatively, close off the Chinese “A shares” stock market to U.S. investment and deregister U.S.

sanctioned Communist Chinese companies.

• Prohibit the use of Hong Kong clearinghouses as transit points for American capital investing in the Chinese mainland.

• Prohibit the inclusion of Chinese sovereign bonds in U.S. investors’ portfolios.