China's significant excess production capacity and subsidized exports pose a challenge to global competition, according to the article. It suggests President Trump should shift focus from a trade dispute to a more strategic approach, akin to a "war." The author advocates for organizing allies like Europe, Japan, South Korea, and the UK to counter China's economic power, proposing the creation of an expert unit similar to the Manhattan Project to strategize against Beijing's industrial tactics. This long-term fight requires consistent public and business engagement.