A New U.S. Strategy for China Could Allow Both Nations to Win, Experts Say

Whereas President Barack Obama first turned the United States' strategic sights toward China, Trump has sought to outright challenge Beijing and its rise. But the administration's strategy so far has been a "mixed bag" at best, Douglas Barry, senior director of communications and publications at the US-China Business Council, told Newsweek. On one hand, he said, it's produced a phase one trade agreement aimed at ensuring China's purchase of US goods and could allow for a more comprehensive follow-up deal. On the other, it's resulted in retaliatory Chinese tariffs that have dealt a heavy blow to industries at home and a significant decline in overall trade between the two countries, said Barry, whose organization comprises around 200 US companies that trade and do business with China.