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I still think it's possible Trump may ramp up to a war with China. Otherwise agree that China can outplay the US in terms of trade, but Trump is also the guy who almost brought the US to war with Iran and will need an excuse or rationalization for suspension of term limits and protracted war with a powerful enemy may become his pretext. He's not necessarily peaceful.
Hopefully he does deescalate with Russia in Ukraine though.
My opinion is very different. I think Trump is trying to surrender America to China, that’s why he chose Elon Musk, who has A LOT to gain from having friendly terms with China. Even Trump’s first term hugely advantaged China under all the anti-China rhetoric. Biden’s policies, on the other hand, have been extremely hawkish and aggressive in comparison.
Trump knows that bringing jobs back to America is an impossibility, and that America’s best hope of surviving economically long-term as a great power is to rely on China. However, it would play very badly if America is to openly concede to being No. 2, and the neocons will not let him do this.
That’s why he has to ramp up the anti-China rhetoric, while negotiating to let Tik Tok back into the American market. That’s the only way Americans can accept the inevitable outcome without losing it: “we’re still number one, we’re just telling China that they have to give us back things they have been robbing from us all these years. it’s not wrong to use Chinese goods, because they owe us anyway!”
Trump is very good at framing defeat as though he is the actual winner, he’s the one who had wanted it to happen in the first place. And his supporters ate that shit up. As the saying goes: “only Trump can surrender to China.” And I think there is a lot of truth to that.
I'm cautiously optimistic that may be the case as well. It's also worth noting that it's not just Elon that would be invested in this, but also many large tech corps like Apple and Nvidia. Their business model is entirely dependent on China, and these companies are load bearing pillars of the current US economy. If they crash then the US economy will start to unravel.
Honestly I'm not convinced. The anti-China brainworms ramped up considerably in his last term, more so than usual. Under Biden it's become even worse. Trump needs an external enemy and China has been his target for a while.
Trump invited Xi to attend his inauguration. From the perspective of a businessman (both Trump and Musk are, no matter how shitty of a businessman they have been), it makes sense to normalize relations with China in a way that would be acceptable to the huge ego of American exceptionalism.
Biden is a pure ideologue. He does not care about doing businesses. He wants war.