Just like the best time to plant a tree. The best time to address strategic resource vulnerabilities is 20 years ago. The second best time is now.
We've been too complacent for too long, but now this issue has now been pushed into the public conversation.
At this point if the the US and China halted trade, China would lose soybeans and corn (easily replaceable) while half the US manufacturing supply chains would be severed leading to truly eye watering inflation.
China will almost certainly threaten to use this leverage in the next 5 years to discipline the US.
Which is weird, because this is basically how the US has behaved toward developing nations which didn't follow its dictates.
Having competition is normal. Healthy, even. Having to work hard for the fruits of one's labor is normal. Sitting back printing dollars and pointing guns at various places when things don't go one's way is not normal.
France for example is trying to get everyone to focus on banding up against China's dumping practices (the US should be working with the EU on this, Trump is half going about the trade war wrong of course). Germany & others are looking at rejecting the aggressive technology transfers / acquisitions that China is making or trying to make.
India is into overdrive about China's military plans across the Indian Ocean and greater region.
China's neighbors have been sweating for years about what's coming next out of them militarily, beyond their territory acquisitions in the South China Sea.
The US has entirely frozen China's ability to buy US companies and is reciprocating on behavior by increasingly locking out several of China's big companies.
https://www.economist.com/blogs/economist-explains/2018/03/e...