Here's the revised article with added details while maintaining the original meaning of each paragraph:
Introduction:
In the 2024 U.S. presidential election, tensions ran high between Trump and Harris, with trade wars and economic issues dominating voter concerns. Six years ago, Trump sparked the U.S.-China trade war, aiming to revive American manufacturing through tariffs and technological restrictions. However, it backfired, leading to high inflation and exacerbated debt crises, with U.S. media noting China's resilient stance while figures like Musk supported Trump, warning of a potential shift towards socialism if Harris won.
Background:
In March 2018, the Trump administration announced 25% tariffs on $500 billion worth of Chinese goods, marking the beginning of the U.S.-China trade war. The U.S. strategy was straightforward: use high tariffs and tech restrictions to reshore manufacturing, weaken China's global supply chain position, and stimulate the domestic economy. Trump repeatedly touted this as a path to make the U.S. the \"world's factory\" again. However, by 2024, reality had dealt a blow.
The reshoring of manufacturing fell far short of expectations, leaving industrial hubs like Detroit and Pittsburgh still deserted, and new manufacturing jobs accounting for only 0.5% of total employment. Meanwhile, tariffs raised import prices, causing U.S. inflation to hit a 40-year high of 9.1% in 2022. Another major economic concern was the debt crisis, with U.S. federal debt surpassing $35 trillion in 2024, equivalent to 120% of GDP.
Defeat in Battle:
In 2023, China's GDP reached 126 trillion RMB, representing 18% of the global economy. Despite U.S. tech restrictions, China achieved breakthroughs in areas like chips, 5G, and renewable energy. Huawei's Mate60 series, powered by its own Kirin chips, broke through U.S. tech barriers. The electric vehicle industry flourished too, with BYD's global sales exceeding 3 million units in 2024, surpassing Tesla as the industry leader.
China's export structure improved as well, with high-value-added products rising from 25% in 2018 to 32% in 2023. These developments forced U.S. media, including The New York Times, to acknowledge China's firm stance in the trade war, even dubbing it the \"winner.\"
The New York Times criticized Trump and Biden's China policies as disastrous in an October 2024 article. It highlighted how the trade, tech, and financial wars failed to curb China's rise and instead inflicted heavy costs on the U.S. economy. Harris's campaign amplified these findings, citing how the trade war led to a sharp decline in U.S. agricultural exports to China, dropping from $24 billion in 2017 to $15 billion in 2023.
Ohio corn farmers and Wisconsin dairy farmers suffered greatly, with stockpiles and bank loans choking them. Harris's team also released data showing how the trade war increased U.S. consumers' living costs by 15rom 2018 to 2024.
She pledged to repair U.S.-China relations through diplomacy, lower tariffs, stabilize prices, and gain support from the middle and union members.
