With another spate of China tariffs in the works, the Trump administration seems dedicated to avoiding “Death by China,” as described in the documentary film produced a few years back by President Trump’s now-special adviser Peter Navarro. Convinced that China’s prosperity, fueled partly by exports to the United States, translates directly to lost jobs and lower income for Americans, Navarro seems to disregard some economic facts.

When a nation like the United States consumes annually more resources than it produces, there have to be other countries that produce more than they consume. China, of course, falls into the latter category.