Trading Truce

According to the World Socialist Web Site article, the US economic offensive against China, initiated under the Trump administration and continued by Biden, is facing significant challenges and has been forced to recalibrate due to self-inflicted economic damage. The article highlights that the US strategy, aimed at containing China's economic rise, involved tariffs, sanctions, and technological restrictions. However, these measures have backfired, contributing to rising inflation in the US, supply chain disruptions, and harming American businesses dependent on Chinese markets and manufacturing. The article suggests that the attempt to decouple the US economy from China has proven costly and unsustainable. The article posits that the US is now seeking a more nuanced approach, focusing on targeted measures rather than a broad-based trade war. This shift reflects a recognition that a complete economic separation is neither feasible nor beneficial to the US. The US now wants to focus on specific areas of concern, such as technology and national security. find the original article here: https://www.wsws.org/en/articles/2025/05/13/vmzg-m13.html