Brad Setser’s writings on the international economy are must reading for policy makers, academics, and students of economic policy making. His iconoclastic views on China, trade and foreign currency have been influential with the Obama and Biden administrations. During the Obama administration, Setser was deputy assistant secretary for international economic analysis when the Treasury was pressing China to revalue its currency and shift away from a reliance on exports. In the Biden administration, he was a counselor to U.S. Trade Representative Katherine Tai, who has worked on resolving disputes with allies begun during the Trump administration, so the U.S. could try to create what Biden called a “united front” to challenge China. He is now a senior fellow at the Council on Foreign Relations where he publishes the blog ‘Follow the Money.’ This interview is part of Rules of Engagement, a series by Bob Davis, who covered the U.S.-China relationship at The Wall St