The US formally considers China a rival. strategy

Support for Trump's tough tax policy is that the US economy is in a growth cycle lasting nearly 120 months continuously with GDP growth rate of 3.2% in 2018, low unemployment rate of 3.6 % (lowest in over 50 years), Dow Jones stock index increased nearly 30% within 2 and a half years since Trump came to power. Trump also believes that high tariffs will make US and foreign companies shift their investments to the US, create more jobs, help the US government increase revenues or at least transfer investment out or make it difficult. Economic towels for the enemy that the US is pressuring.

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