So how do we fight it? That's what Walter is talking about.
Imagine what would happen if we reduced the size of goobermint (and its taxes) by about half. And then changed our taxation system to 100% retail sales tax.
From the first action, cutting goobermint, we could expect a minimum of a 25% cost reduction in American products. Taxes add zero value to products, but are definitely included in costs. What cost $1.00 would now cost 75 cents.
From the second action, eliminating all taxes except retail sales taxes, we'd get a further 25% reduction off the base cost of products - because all that tax is passed along to the consumer in the form of higher prices. So what cost 75 cents would now cost 50 cents. A hefty sales tax would go along with it, of course, probably around 25%.
BUT - while the cost of American goods has gone down by half, the Chinee goods are taxed just like the American goods. American goods no longer have their taxes "built in". Imported goods become vastly less attractive.
Meanwhile, with the alphabet soup agencies off our backs, Americans be come more productive and more cost efficient. So our costs will probably be less than 50% of costs in today's market. The US wins and we skewer foreign competition.