Well, let’s — let’s be, again, clear-eyed about this. It’s one thing for the Chinese to admit publicly to a policy. It’s another thing for the Chinese to actually implement that policy. We had, a number of years ago with President Obama, agreements about not stealing our intellectual property through cyber theft. How’s that working out? Not very well. I mean for the American people, and I don’t think, Mr. Todd, there’s any disagreement between you and I about the fact that China is engaged in these egregious practices. The only debate is over how we go about solving them. But every American understands that, every day of the week China comes in to our homes, the businesses, our government agencies, and the damage is on the order of about $1 billion a day. – Dr. Peter Navarro, Director of the White House National Trade Council. [Meet The Press]
Hold on there, Dr. Navarro. I’d be amazed if 10% of Americans had any clue that the Chinese are engaged in IP theft or other unfair trade practices. I’d be surprised if the number exceeded 1%.
Or, for that matter, whether we do the same things to China.
