Instead Of Defeating China, Trump Is Accelerating Its Rise
If you are not paying attention to the dramatic developments between China and the United States, you must understand that something consequential has just taken place.
The US government is backtracking—if not altogether retreating—from the trade war and broader escalation it launched against China. Unlike the hyped language and repeated threats by President Donald Trump to impose massive “reciprocal tariffs,” to “decouple” the US economy from China, and to correct “the greatest theft of wealth in the history of the world,” the retreat is happening in hushed tones and coded diplomatic language.