[tsurantino]

I completely disagree with your notion that U.S. is less interdependent than China. The exchange is clear: U.S. needs cheap Chinese manufacturing to proliferate its innovation, and in turn, China gets direct access to U.S. blueprints, and is able to leverage and improve upon them to produce their own products. This is basic economics, not a question of "who is genuinely innovating". American companies need cheap manufacturing as much as the Chinese needs technological know-how. Why? Because if no one buys "innovative" products (because of how much cheaper they get) then we wouldn't get that innovation in the first place.

[kyllo]

China is huge but US imports are pretty well diversified at this point. Today we import a whole lot from Vietnam, India, Malaysia, etc.

It's mainly the consumer electronics sector that would be hit hardest. The lower-tech manufacturing has already moved away from China to a large extent.

[fazzone]

I agree. In fact, it is almost like the market has figured out 'a way for both countries to work on what they're really good at' (paraphrasing TFA). "Governments that at least partially cooperate," on the other hand, I agree would be a welcome change.

[happyscrappy]

>I completely disagree with your notion that U.S. is less interdependent than China.

Well we will probably find out shortly as the largest real estate bubble in the history of the world is about to pop in China.