The Greatest Mistake in US History @BehindAsia
The Greatest Mistake in US History  @BehindAsia
Uploaded May 2026 | Updated September 2026, 41 minutes ago
For decades, we were told that globalizing trade and bringing China into the WTO would democratize a superpower and create unprecedented American wealth. Instead, it gutted the industrial heartland, sparked a multi-hundred-billion dollar intellectual property heist, and set the stage for the explosive 2018 trade war.

Voiced by:

Tom McKay
instagram.com/tmckay715
youtube.com/@UC8blX3YnHDG9e9_E9KjPK6g

Footage: Shutterstock

Sources:

Intellectual Property & The 1990s

USTR Special 301 Reports (1989–1996): Documenting systemic IP violations and the 1991 formal investigation.

The IP Commission Report (2017 Update): Estimates U.S. economic losses from IP theft at $225B to $600B annually.

China's WTO Entry (2000)

President Clinton’s WTO Speech (March 8, 2000): Outlining the economic and democratic doctrine behind granting China normal trade status.

OpenSecrets / Public Citizen: Data on corporate lobbying expenditures for the PNTR campaign.

The "China Shock" & Job Losses

Economic Policy Institute (Jan 2020): Report detailing the 3.7 million American jobs lost between 2001 and 2018.

"The China Syndrome" (Autor, Dorn, Hanson - 2013): Landmark economic paper detailing the localized labor market devastation.

Local Industrial Collapse

Maytag Closure (2007): Corporate filings and reporting on Whirlpool's acquisition and the subsequent Newton, Iowa plant shutdown.

Vaughan-Bassett Furniture: U.S. International Trade Commission (USITC) 2004 anti-dumping investigation into Chinese wooden bedroom furniture.

Made in China 2025 & The 2018 Tariffs

Made in China 2025 Blueprint (May 2015): The State Council’s official 10-year tech dominance strategy.

Rhodium Group Data: Tracking the $46 billion peak of Chinese tech acquisitions in the U.S. in 2016.

USTR Section 301 Report (2018): The official findings on forced technology transfers that triggered the initial $34 billion tariff package.

Inquiries: behindasian@gmail.com
Brought to you by the Behind Asian Team.
The Greatest Mistake in US HistoryThe Other Foundry: UMCs Espionage and ComebackWhy Singapore Airlines Runs a Budget Airline — On PurposeHow Toyota Lost ChinaWhy BYD’s Will Dethrone ToyotaHow Delta Air Lines Accidentally Became an Oil CompanyJapan is Broke, Korea is Rich (But Their People are the Opposite)Why China Destroyed Its Billionaires (While America Made Them Kings)AMDs Biggest Weakness: Its Fighting Too Many WarsHow Singapore Airlines Made Star Alliance Truly GlobalHow the Japanese Yen Carry Trade Fuels Global BubblesHow China Built a National Hero in the Brutal Memory Market
Behind Asia |

The Greatest Mistake in US History

SHARE TO X SHARE TO REDDIT SHARE TO FACEBOOK WALLPAPER