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The Good, the Bad, and the Mercantilist: Inside Trump’s Transactional Pax Americana

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by Muhammad Bilal Iftikhar Khan

Donald Trump’s second term increasingly mirrors the erratic, deeply pragmatic persona of Tuco Benedicto Pacífico Juan María Ramírez, famously played by Eli Wallach in the Western classic The Good, the Bad and the Ugly. He fiercely competes with China and harbors deep resentment toward it, yet due to an inescapable convergence of material interests, he remains fundamentally dependent on it. This time, Trump’s "America First" agenda serves as the raw operating system for a reimagined Pax Americana. Embracing hyper-mercantile economic policies, he has enforced what analysts term his "Donroe Doctrine", a muscular, highly transactional revival of the Monroe Doctrine. Concurrently, by positioning Washington as the unyielding, unilateral protector of Israel in the Middle East, he is fighting for the last Western foothold in West Asia, even as it diminishes the cohesion of the broader Western alliance.

These unilateral policies have plunged not only the United States but the entirety of Western civilization into a profound conundrum of global acceptability. A stark ideological divide has opened within the Western house of liberalism; Trump is pioneering a hybrid, transactional model of global governance that is utterly indigestible to European powers. By actively bypassing and opposing liberal international institutions like the United Nations, the highly vaunted "rules-based international order" stands entirely exposed, revealing the raw imperialistic foundations beneath its normative language. Consequently, Western civilization faces an existential paradox brought about not by external adversaries, but from within its own core.

This aggressive posture exposes an unprecedented undercurrent of fear toward Beijing, a structural anxiety never before witnessed in American history. The Thucydides Trap, wherein a declining status-quo power desperately fears being obscured by a rising challenger, is visible in every facet of current US policy. Washington views China as an existential threat to its global hegemony, yet paradoxically, the American economy remains inextricably tethered to Beijing through a bilateral trade relationship worth over $600 billion.

To manage this anxiety, Trump's primary strategic continuity remains the comprehensive containment of China. Looking at geopolitical patterns from Latin America to the Middle East, it is apparent that Washington intends to systematically throttle the flow of global energy to Beijing, violating the very liberal values the US historically claimed to champion. The intervention in Caracas and the targeting of President Nicolás Maduro directly served this objective. Maduro was removed because his regime was funneling discounted crude to China under long-standing loan-for-energy agreements; immediately following this shift, Washington moved decisively to cut Venezuela’s energy corridor to Beijing.

Similarly, the escalations in the Middle East possess a deliberate anti-China dimension. Iran remains a vital energy lifeline for Beijing, historically directing the vast majority of its oil exports to the Chinese market. By enforcing severe secondary sanctions on Chinese firms buying Iranian crude and projecting military power near the Strait of Hormuz, Trump simultaneously appeases powerful domestic religious and political lobbies along with American energy multinationals, who reap massive windfall profits from the resulting volatility and artificial constriction of global oil supplies.

Trump’s recent state visit to Beijing has laid bare a significant shift in Chinese diplomatic attitude. Beijing fully understands the structural trap Washington is setting, as well as the transactional concessions the US paradoxically expects. During the summit, the Chinese leadership broke with long-standing diplomatic restraint, openly characterizing the United States as a declining superpower. This underlying friction materialized in stark visual and physical protocol dynamics, from seating arrangements designed to project hierarchy to intense security stand-offs between US personnel and Chinese officials at the Temple of Heaven.

Trump’s objectives for the trip were purely transactional, seeking quick economic concessions to boast about ahead of the upcoming US midterm elections, but he left Beijing empty-handed, underscores the deep structural paralysis between the two powers. The sheer level of American anxiety regarding Chinese surveillance capabilities was laid bare by extreme post-visit protocols, including the immediate disposal of official protocol gifts and the reliance on temporary, clean communication devices to prevent intelligence breaches. Furthermore, regarding Washington's multibillion-dollar arms sales to Taiwan, Beijing delivered its most direct warning yet, drawing an absolute red line , demanding that Washington decode and respect its core territorial boundaries.

As these dynamics solidify, the conflict in the Middle East is poised to linger indefinitely, as the US refuses to cede geopolitical space in West Asia to Chinese mediation. However, this hyper-aggressive, mercantilist containment strategy may soon push the international system toward a much wider, uncontrollable conflict. The global majority has profoundly lost faith in the liberal West, as the dismantling of the rules-based order exposes the stark imperialist realities that have long governed global politics.

Writer is Former Journalist and a PhD International Relation’s Scholar


About the Author

Strategic Analysis Group is an online forum of Pakistani journalists, who are contributing to provide a better understanding of strategic and international developments. It is done with objectivity without sensationalism that is prevalent in our so…

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