President Trump is abandoning — or actively undermining — core pillars of U.S. strategy toward China in pursuit of a legacy-defining trade deal with Xi Jinping.

Why it matters: With tax cuts extended, tariff rates set and billions of dollars of investment flowing into the U.S., Trump is now fixated on the largest remaining puzzle piece in his economic agenda. • Other flashpoints in the U.S.–China relationship — Taiwan tensions, tech restrictions, anti-Beijing alliances — have taken a back seat to the lucrative promise of a trade deal.

Zoom in: Trump's staggering 50% tariffs on India — punishment for buying Russian oil — are threatening to unravel years of calculated U.S. efforts to position New Delhi as a bulwark against China. • Trump has accused India of "fueling the Russian War Ma

See Full Page