The US launched a trade war with China without first checking if it could actually win. After China retaliated by leveraging its monopoly on rare earth minerals, the things America needs for everything from cars to missiles, the US promptly folded.
The US started fight it was completely unprepared for, then surrendered and give China everything they wanted.
https://www.nytimes.com/2025/11/19/opinion/trump-china-xi-trade.html