Here are some things the new administration and Congress should keep in mind:
The Trump administration correctly recognized that aspects of previous US policy toward China have been ineffective — in particular, the frequent reluctance to confront Beijing on problematic trade and foreign policies. But the administration — with cheerleaders from both parties in Congress — has erred by flipping to the other extreme. US policy today is to find any tool to act unilaterally against China — from tariffs to controls on US technology exports — without first plotting a sustainable strategy.