Introduction and Summary 2

U.S. Trade Policy Should Be Centered on the Techno-Economic Competition With China 4

China’s Excess Capacity Is Intentional and a Core Part of Its Techno-Economic Agenda 5

Electric Vehicles (EVs) 6

Display Industry 8

Solar Photovoltaics Industry 9

USTR Needs to Recalibrate Its Assessment of Other Trade Partners Having Systematic Excess

Capacity Issues 10

Conclusion 11