The China-US trade can be said to have always been in a state of high complementarity, with China responsible for production and the United States responsible for consumption.

For a long period in the past, the US gained access to cheap labor products, while China gained a steady stream of orders, thus cultivating a strong industrial base.

It can be said that China-US cooperation is very complementary and mutually beneficial.

However, starting from 2018, the US has spent six years suppressing us, but unexpectedly, China-US trade has not declined but has shown a certain rebound.

Recently, the US authorities have reported that the trade deficit with China has not only failed to narrow but has even expanded.

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This means that the US attempt to trap China's production capacity through trade sanctions has not only failed but has made itself increasingly dependent.

Has the US six years of sanctions been in vain?

At the same time, the US trade deficit has reached a new high, with a deficit of $78.8 billion, which will be the last straw to break the camel's back for the US?

Isolationism has always been a loser, but the US insists on trade confrontation to suppress China, but unexpectedly, China's production capacity has not starved to death, but the US itself is about to starve to death.

Recently, according to reports from US media, the trade deficit between China and the US has not narrowed but has expanded.

Moreover, in July, it expanded by $4.9 billion, reaching $27.2 billion.

It is important to know that since 2018, the US has been working hard to narrow the trade deficit with China, because the US believes that the US money has been earned by China, so it needs to use high tariffs to block Chinese goods from the US coastline, thereby cultivating the development of its own industry.

This is the reindustrialization of the US, but it has not only failed but has also expanded.

In addition to the expansion of trade deficits, the US electricity consumption also reflects this situation, that is, in July, the total electricity consumption in the US increased by 3.9% year-on-year, but the residential side is growing, while the industrial side has declined.

This also confirms that the current US economy is not industrializing but deindustrializing.

This also confirms that the US industrialization has completely failed.

And this is not the worst, the worst is that the US is not only eliminating its own small and medium-sized enterprises but also eliminating its own large enterprises.

Because we all know that in the past, the US was able to maintain the dollar system not only because of military protection but also because the US had the hegemony of technology, because whoever has technology, then whoever has the right to distribute future wealth.

But the US is currently restricting the development of its own high-tech enterprises, not allowing US semiconductor companies to sell products to China, and at the same time restricting US scientists to communicate with China.

So we see that Intel's revenue has declined by 0.9% year-on-year, and profits have plummeted by nearly $1.61 billion, and both profits and revenue are below expectations, which can be said to be the price of the US trade war.

In addition to Intel, the recent plummet of Nvidia also illustrates this point, that is, the US trade war is gradually declining its high-tech companies.

In the past, the US always said that China had a trade surplus, but it was unwilling to sell high-tech products to China.

In this case, how can the US have a surplus?

Moreover, the key point is that the current expansion of the deficit means that the US expenditure has increased, and it is important to know that the current US debt has reached more than $35 trillion, and it is now expanding, which means that every American has a debt of 800,000 yuan, and it is very possible to expand to 1 million in the future.

Moreover, the US is currently hesitating whether to lower interest rates, it can only be said that the US has no choice.

Has the US funeral bell rung?

The reason why the US dollar system can be maintained is actually a very important reason is that the US dollar can circulate, and the US dollar that goes out, the Federal Reserve can take it back, but this time the Federal Reserve has not only failed to take it back but has also fallen into a crisis, which means that the time left for the US is not much.

While the Federal Reserve is still hesitating whether to lower interest rates and how much to lower, Musk has already shouted that the US crisis has come.

And even the investment god Buffett has chosen to run ahead of time, because everyone sees that the US system has problems.

Because in the past, the US was responsible for providing security for the world, and this security not only includes trade security but also financial security, which has led to a large number of countries using the US dollar in trade because the US can provide security protection.

At the same time, when developing industrialization, a large amount of US dollars were also reserved, and the US prevented these countries from being unwilling to hold them, after all, in the long run, the currency is devalued, so the US provided the US debt as a reservoir, and this has formed the overall circulation of the US dollar.

And in the end, it is the US credit and the US hegemony that are backed.

But now, the US has raised interest rates to about 5.5% to attract the US dollar backflow, and the US dollar index has dropped to about 100, which means that the US has offered high interest rates, and everyone has already disbelieved.

And the US needs to borrow a large amount of US dollars to maintain the current hegemonic expenditure, if it cannot borrow money, it means that the US hegemony cannot be maintained.

Moreover, the most critical point is that the most critical reason why the US was able to win in the past hegemonic struggle was to be able to borrow money, to overdraw the future to support the opponent to fall, but now there are not many people who lend money to him.

The only one he can borrow is the money of the Americans themselves.

And then, the US is facing a crisis of lowering interest rates.

Because it is difficult to collect water, and it is even more difficult to release water.

Moreover, the BRICS countries are discussing how to de-dollarize, and the UAE has even said that it will build a new banking system within the BRICS, which means that the foundation of the US dollar hegemony will be completely cut off, and then it may be the downhill road of the US.

As long as the payment system within the BRICS bank is established, the US dollar hegemony will collapse rapidly in the future, and all this is also close at hand.