A short-sighted policy

“The results of this system have not lived up to expectations,” the report says. “These figures indicated that while the current global trading system has been great for China, a giant economy that does not act on the basis of market principles, the United States (and many other countries) that practise market-based capitalism have struggled over the last 16 years.”

Trump has WTO rulings in sights, leaked report shows

This view does not take into account the benefits obtained by the US in other forms, such as Services and IP. This also means the new direction will undermine the future gain in this area.