Economist Adam Posen critiques the Trump administration's economic policies, arguing that they harm the United States' closest allies while leaving China relatively unscathed. He describes a shift from the U.S. acting as a global economic insurer to becoming an extractor of profit, dismantling a historically profitable and stable international economic model. This change, according to Posen, undermines the established global trading order and benefits China, the country whose behavior U.S. officials most seek to influence. Former U.S. Trade Representative Mike Froman advocates for a new economic system based on coalitions of like-minded nations, acknowledging that the damage to the old order is irreversible. Meanwhile, analysts Kurt Campbell and Rush Doshi warn that the U.S., particularly under President Donald Trump, risks overestimating its unilateral power and underestimating China's capacity to respond. The evolving U.S.-China relationship remains complex and interdependent, with American financial dominance balanced against Chinese manufacturing strength. Some commentators reject the notion that Trump's policies will lead to a desirable realignment, viewing such expectations as misguided.
“Some argue that Trump’s new posture will simply drive a potentially desirable realignment. This is a delusion.” Read @AdamPosen on the post-American world economy: https://t.co/KooMuduVkv
Trump: The erratic but potentially effective peacemaker Can a mercurial narcissist decenter America from global policing? https://t.co/XstASsynWc https://t.co/yo0HaCjXCu
American financial dominance meets Chinese manufacturing dominance. As I’ve said before, there are many double-edged swords in the highly interdependent US-China relationship. Great point here from @ChorzempaMartin Source: https://t.co/h0JBToMx7H https://t.co/XDwSFpujEw