Do you think Wal*mart or any Republicans are aware of this ... or cares?
“Free trade” (which is neither free, nor trade - since it is only one way because of closed markets for American exports) is the problem.
It must be stopped through a real, combative and pro-USA trade policy focused only on American jobs and manufacturing, or America will be destroyed.
This is not a game. Our nation is under attack. “War by other means”.
We are not fighting back.
However, with that said, in a draconian way, I do agree with you. As the rest of the world rises, it does soften the Pax-Americana that has existed since WWII. Not because riches were lost in America (the US is wealthier today than ever contrary to popular believe), but rather the rest of the world is growing in wealth and influence.
But I believe it is wrong to avoid trade for maintaining Pax-Americana. Trade should be modified if it hurts the labor class in America beyond what the American economy can fold back into the labor market, but not for maintaining Pax-Americana.
What China does is her business and what America does is America's business. If excessive trade adversely affects individuals, then some adjustments need to be made. But to criticize trade simply because 1.4 people are industrailizing, then you are simply taking on an ancient attitude similar to what happened in ancient Greece. Where one state attacked another for nothing more than simply rising in power.