by Victor Davis Hanson
 China’s reluctant deal to curb fentanyl and ease trade tensions signals not surrender, but a strategic pause as America reasserts its strength at home and abroad.
 
 
China has tentatively agreed to curtail sales of fentanyl to Mexico and other Latin American nations.
For three decades, Beijing sent the raw product to Latin American and
 Mexican cartels. The gangs then processed and disguised the toxic brew 
as less lethal narcotics and prescription drugs for export. The cartels 
laundered the profits with additional Chinese help, along with the 
feigned ignorance of the Mexican government.
Since 1999, imported fentanyl-laced drugs have killed approximately 
600,000 Americans through addiction and accidental overdoses. That 
number nears the death toll of all Americans killed during the Civil 
War.
Following Donald Trump’s recent visit with Chinese President Xi 
Jinping, China is reportedly set to lift restrictions on its rare earth 
mineral exports to the U.S. That was a self-interested move, since the 
U.S. and its allies were already mobilizing to become immune to Chinese 
cut-offs. Xi Jinping also agreed to resume purchases of U.S. soybeans.
Trump’s concessions include agreeing to reduce tariffs on Chinese 
goods to 47 percent, while maintaining tariffs on most Chinese imports 
at levels still higher than those of almost any other importing country.
No doubt, more details will emerge of other concessions. Both China 
and Trump’s domestic critics will undoubtedly seek to refute the 
administration’s insistence that the U.S. won most of the advantages.
For nearly half a century, over the Reagan, Bush I, Clinton, Bush II,
 Obama, Trump’s first, and Biden administrations, Americans more or less
 came to accept that more Americans would die from fentanyl than were 
lost in all foreign wars in U.S. history. If China really does comply 
with its agreement, and the cartels cannot find alternate sources of raw
 product, then Trump might become the greatest savior of American lives 
in U.S. history.
So why did the Chinese government agree to these tentative 
agreements, given that no prior president has been able to stop the 
Chinese fentanyl supply chain or to tariff its goods without fearing a 
destructive trade war?
Trump dealt from a position of strength, here and abroad, in a way 
that prior presidents did not. He had permanently destroyed the 
half-century-long utopian fantasy of Wall Street investors and left-wing
 dreamers that the more concessions China received, the more it would 
become affluent, powerful, and politically Westernized. That toxic 
narrative had insisted that an emerging consumer and reformist class 
would inevitably democratize the country as the ossified Chinese 
Communist Party died on the vine.
Instead, the opposite happened.
China stole Western technology with impunity, manipulated its 
currency, made a mockery of copyright and patent laws, and spread its 
Belt-and-Road imperialism. It did indeed become affluent and powerful, 
but also arrogant. The communist government rearmed, destroyed the rules
 of the world trade system, bullied its neighbors, created the greatest 
global mercantile system in world history, and sought every means to 
weaken the West, from the Spratly Islands and the Panama Canal to the 
World Health Organization and the Wuhan lab—along with former Senator 
Dianne Feinstein’s chauffeur and Rep. Eric Swalwell’s intern.
Yet in 2025, a shocked China reviewed the first ten months of the 
Trump administration and found it erratic, unpredictable—and ultimately 
scary. It then concluded that the U.S. has finally awakened, as Trump 
began augmenting the sources of U.S. power, much of it underrated or 
ignored over the last decades.
In 2025, NATO has become energized as never before. Most members have
 met their promises to invest two percent of GDP on defense. Many may 
double that commitment. The inclusion of Sweden and Finland is more 
valuable to the alliance than the addition of almost any other new 
members of the last thirty years.
China’s Middle East clients are humiliated. For now, Iran, Hezbollah,
 Hamas, and the Houthis are licking their wounds. There will be no 
Iranian bomb for years. Russia has withdrawn from the Middle East after 
the fall of its client Assad kleptocracy.
Russia remains bogged down in Ukraine in a Verdun-style bloodbath. 
Its gas refineries are under constant drone attack. Putin’s military 
campaign so far has provided no model for a Taiwan invasion, and perhaps
 instead a lesson of caution.
India and China are slowly reducing their covert imports of Russian 
oil. After needlessly incurring one million casualties, Putin is 
terrified that his oligarchal class and officer castes increasingly see 
him as a 73-year-old, ill liability. He now fights only to inch 
westward, hoping to reach a symbolic DMZ line that would justify his 
military blunder. In a cost-to-benefit analysis, his four-year invasion 
does not compute well in the Kremlin.
Meanwhile, a muscular NATO and an anemic Russia allow a rearming 
U.S.—its military recruitment targets now easily met for the first time 
in years—to begin turning to Asia. China’s past bullying, together with 
perceived Biden appeasement, had terrified America’s Asian allies in the
 Pacific.
Yet now Japan, Taiwan, South Korea, Australia, and the Philippines 
are slowly mobilizing their defenses, mostly because they perceive the 
U.S. is no longer afraid to help its friends and to punish its enemies. 
For all the talk of an ascendant Chinese military, parity with America 
is still years away, given that in terms of strategic weapons and 
aircraft, and capital ships, the U.S. is far ahead in both quantity and 
quality.
So our Asian partners vie with each other to increase foreign 
investment in the U.S., buy American weapons, and receive strong Trump 
guarantees for American assistance in extremis. Taiwan is building five 
new chip factories in the U.S.
Australia is partnering with America to ensure that China cannot 
strangle the West by cutting off rare earth minerals in the future. 
Japan is slowly building a navy not seen in the Pacific since World War 
II.
When China reexamined the domestic U.S., it became further 
discouraged. The Chinese con of supplying the world with solar panels 
and wind turbines while it builds coal and nuclear plants is now 
sputtering. Trump will produce more traditional energy—oil, gas, 
nuclear, and coal—than any other nation in history. Despite its green 
dogmas, Europe will follow suit or stagnate further.
The Chinese applauded America’s anti-meritocratic DEI programs. They 
saw them as destructive as their own ideological blunders of the Maoist 
past, when dogma destroyed merit and the economy and standard of 
living with it.
But now DEI is dying. There are no more open borders. Illegal aliens are being deported at an accelerated rate.
The U.S. stock market is at record highs. Inflation is still low by 
historical standards. GDP may exceed 3 percent for 2025. If only half 
the promised trillions of dollars of foreign investment are realized, 
the sum will become the greatest sudden infusion of foreign cash in 
America in our history.
When China looks at Silicon Valley, it becomes further uncertain. The
 left-wing tech barons are no longer eager to invest in and partner with
 the unreliable Chinese. Many are becoming realists, as they are 
empowered and set free by Trump, in the opposite fashion of the Biden 
administration’s statist efforts to pick sycophantic winners and declare
 the noncompliers losers.
In areas like AI, robotics, genetic engineering, cryptocurrency, and 
military technology, the Chinese likely fear that they may no longer 
catch up to a riled U.S.
Like its 1941-1942 awakening, America will rearm, clamp down on arms 
transfers and espionage, and reassert itself as the most powerful nation
 in the world, a fact that will attract more allies and turn remaining 
enemies into neutrals.
In summary, during the Biden administration, China had expected to 
see 70,000 Americans die annually without facing consequences. It 
expected to continue openly stealing American technology and waging 
one-sided trade against the U.S., as it picked off America’s demoralized
 Asian allies.
China wagered that the U.S. was slowly and inevitably turning into a 
North American Europe—depressed and drug-ridden, insidiously becoming 
socialist, borderless, and flooded with unassimilated and often hostile 
illegal aliens. Suicidally, it would continue to forgo cheap fossil 
fuels for expensive and unreliable “green” energy while chasing its tail
 with self-destructive DEI, transgender, and crime policies.
Its universities would continue to indoctrinate a new generation of 
anti-American socialists in the spirit of leftist radicals like Zohran 
Mamdani, Jasmine Crockett, and AOC to update the moribund dreams of 
Bernie Sanders and Elizabeth Warren.
The U.S. is reascending at home and abroad, and its allies, including even Europe and especially Asia, are reenergized.
Conservative movements and governments are rebounding in Europe. So 
for Chinese strongman Xi Jinping, it was time to cut a deal, to pause, 
to regroup, and to hope that in three, seven, or eleven years, another 
Obama- or Biden-naif would return. And then it might finish its now 
half-century-long effort to relegate a calcifying U.S. to the 1950s 
version of the British Empire.
Or so China assumed.
But then America said, “Not yet, not quite yet…”
Victor Davis Hanson
Source: https://amgreatness.com/2025/11/03/not-quite-yet-china/ 
 
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