Audrye Wong
With the second Trump administration has come a dramatic shift in U.S. foreign economic policy. Washington is imposing tariffs on partners and rivals alike, slashing foreign aid, aggressively renegotiating trade deals, and rejecting multilateral diplomacy. The United States, in other words, is acting like a bully. And as countries around the world grow more wary of dealing with the United States, they are turning more and more to its main economic rival, China. That trade is one of several factors contributing to China’s rise in exports in 2025—which resulted in a trade surplus of nearly $1.2 trillion, a 20 percent increase.
Washington’s policies have, in fact, been a double boon for Beijing. Not only have China’s economic offerings become more attractive to partners looking for an alternative to working with the United States but U.S. pressure tactics have also made it more permissible for China to coerce others. Beijing’s increasing use of export controls and its flooding of foreign markets with cheap goods still generate unease in many of the countries with which it wants to do business. Yet its record of economic statecraft does not have to be perfect to succeed. China is honing its approach to the trade war with the United States while using multilateral deals, development projects, and strategic financing of key sectors to secure other countries’ place in Chinese supply chains. It may never pull most of these countries fully into its orbit. But using its economic carrots and sticks may give Beijing enough leverage to advance an important goal: minimize global opposition to China’s domestic and foreign policies.
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