New York Times: Trump Lost to China in Trade War
The New York Times, as reported by webangah News Agency citing Mehr News Agency and Al Mayadeen, examined the consequences of the trade war between the United States and China during donald Trump’s presidency. The American newspaper highlighted Washington’s costly errors in underestimating China’s economic power and its strategy to control rare earth minerals, concluding that Trump has been defeated by China.
The New york Times emphasized that the US-China relationship is today’s most significant bilateral relationship worldwide-one damaged under Trump. He launched a trade war with China and ended up losing it. should an official truce be reached in this battle between the two countries, it would signify China’s dominance over the US and weaken American influence.
The article pointed out that when Trump suddenly imposed tariffs last April without caution, he made a major miscalculation. He assumed China was vulnerable; however, Beijing has since become the world’s leading exporter of rare earth minerals, leaving America without alternative sources.Notably, China controls nearly 90 percent of rare earth minerals globally and is the sole supplier of six critical heavy metals.
As expected, just two days after Trump’s tariff proclamation, China declared restrictions on exports of several rare earth minerals-measures which it considerably expanded earlier this month-making clear America was at Beijing’s mercy under President Xi Jinping’s leadership.
At an international relations conference held last weekend in a large hall filled with experts asked who believed America was close to winning the trade war; who thought China would prevail; and who felt it was too early to tell-the vast majority agreed that China is nearing victory and currently leads this economic battle.
The New York Times stressed that now there is no quick solution for sourcing alternatives after Trump allowed China to weaponize rare earth materials against America.Previous Republican and Democratic administrations should have done more over many years to develop mining operations and refineries for these essential elements.
The report noted how Trump initiated a trade war with China, but quickly realized his lack of planning. He then sought to appease Beijing by reducing tariffs and easing export controls on chip sales to China. The management also allowed TikTok continued operations despite serious national security concerns. Furthermore,Trump blocked Taiwan’s president from visiting Washington as part of efforts to maintain favor with China,reportedly delaying arms sales to Taiwan as well.
according to The New York times: Chinese President Xi Jinping understands America’s vulnerabilities deeply-and has demonstrated his upper hand in bilateral relations-while portraying trump as weak and likely to collapse under security pressures. Since Trump betrayed his allies alienating them politically, meaningful cooperation from them seems unlikely going forward.
The report added that even though President Xi may suspend rare earth mineral restrictions for about a year temporarily,he is unlikely ever to allow America access sufficient enough reserves needed for manufacturing fighter jets or submarines – significantly complicating supply chains for American companies.
Moreover,The New York Times suggested Xi could threaten explicit or implicit limits on critical mineral exports as leverage against demands like reducing US support for Taiwan or curbing naval patrols in South China Sea waters. If such negotiations lead Trump toward concessionary actions-it would represent a significant defeat for US influence across Asia along with notable gains by China.
In conclusion:the New York Times cautioned Americans not rush into celebrating any claimed victories trumpeted by Donald Trump or his aides regarding “historic” deals with Beijing -stressing rather how far so much prestige has eroded globally amid this financial conflict signaling possible alarms over America’s declining global stature long term.
