Why the US will lose against China
为什么美国会输给中国
Donald Trump’s “liberation day” of supposedly “reciprocal tariffs” against the rest of the world — arguably, the most eccentric trade policy proposals ever made — has, after a hasty retreat under fire from the markets, turned into a trade war with China. This may (or, may not) have been what was intended from the start. So, can Trump win this war against China? Indeed, can the US, as it is now after Trump’s second coming, hope to succeed in its wider rivalry with China? The answers are “no”. This is not because China is invincible, far from it. It is because the US is throwing away all the assets it needs if it is to maintain its status in the world against a power as huge, able and determined as China.
唐纳德•特朗普(Donald Trump)在“解放日”宣布的对全球其他地方的所谓“对等关税”（可以说是有史以来最古怪的贸易政策提案）在市场炮轰之下匆忙撤回，现在已经变成了与中国的贸易战。这也许是（也许不是）故意为之。那么，特朗普能打赢这场对中国的贸易战吗？事实上，现在处于特朗普第二任期之中的美国有希望在与中国的更广泛竞争中胜出吗？答案是“不”。这不是因为中国是不可战胜的，远不是这样。这是因为面对中国这样巨大、有能力且有决心的大国，美国正在丢弃它维持世界地位所需的所有有利条件。
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