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the united states is ready for the challenge. as we ve discussed, the united states and china will continue to compete and as americans, we welcome competition it s part of our dna and propels our citizens to rise to the challenge. cooperation as you and i have spoken about, can only be mutually beneficial if the game is fair. perhaps we welcome competition, but are we ready for it? business professor peter navarro is the author of the book death by china. peter vice president biden says the u.s. welcomes competition. you say china is using in your word, quote, weapons of job destruction against america. what is that and what needs to happen for the u.s. to at least compete fairly with china? we had ten years now since china joined the world trade organization of unfair trade. the weapons of job destruction are clear. there s five. start with currency manipulation. it acts as a huge subsidy for chinese goods coming in and huge tariff on our products to china. yo ....

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