In a guest essay for the New York Times, David Autor and Gordon Hanson argue that the Trump administration’s economic policies are fighting the last war. In the meantime, China is making rapid advancements and threatening US leadership in innovative, high-tech sectors. The US must prepare for a China Shock 2.0, which “requires playing to our strengths, not licking our wounds. We must nourish industries that have high potential for innovation, funded by joint investments by the private and public sectors.”