The Trialogue Da Wei: Will the US and China Decouple or Rebalance?
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May 9, 2025 
Da Wei, a director at Tsinghua University's Center for International Security and Strategy, shares his insights on crucial U.S.-China relations. He discusses the impacts of Trump's tariffs and whether the U.S. is aiming to decouple from China or simply rebalance trade. The conversation touches on China's need to boost domestic consumption, the challenges of linking trade to Taiwan, and Russia's evolving global role. Da Wei also explores the possibilities of a multipolar order and its implications for international relations.
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Trump's Broad Economic Goals
- The Trump administration aims to fundamentally adjust U.S. economic relations with the world, not only target China.
- Rebalancing trade includes high tariffs generally and promoting domestic manufacturing and investment in the U.S.
Trump Tariffs Seen as Chaotic
- U.S. policy under Trump appears chaotic without a clear well-designed plan on tariffs.
- Rapid policy shifts and reactions dominate, reflecting internal U.S. political turbulence.
China's Response to Tariffs
- China recognizes U.S. tariff levels are sovereign decisions and attempts to show consequences of trade war.
- Both China and U.S. display flexibility towards possible trade negotiations despite low expectations.