On the 24th, the Bloomberg Editorial Board published an article titled "Tariffs Won't Unite U.S. Allies Against China," suggesting that there are more effective ways to address the national security risks posed by China. They urged the U.S. to focus on areas of genuine mutual concern with its partners and to coordinate actions to compel China to compromise.

The U.S. Treasury Secretary Scott Bessent recently revealed intentions to work with allies to force concessions from China. While acknowledging the necessity to rally allies, he argued that tariffs are not the right leverage for this purpose. Many smaller nations face repercussions for distancing themselves from China, which is their largest trading partner—even Japanese officials have expressed reluctance to get involved in U.S. trade pressures against China.

The report noted that any attempts to reduce economic ties with China could harm domestic economies, and no one can guarantee that U.S. policies won’t change unexpectedly. It also highlighted contradictions in the White House's targeted tariff plan, making other countries cautious in their dealings with the U.S. Bloomberg recommends that the U.S. should narrow its focus to critical areas of common concern, such as global dependency on crucial Chinese goods.

The report emphasizes the need for the U.S. to expedite the establishment of a global free supply chain, allowing allies to participate rather than insisting that all production be shifted domestically. Additionally, if the U.S. government utilizes existing mechanisms that align with WTO regulations to tackle China's subsidized exports, it may gain more support from allies. Coupled actions with limited scope are likely to prompt reasonable compromises from China.

In conclusion, the report warns that any miscalculations in the ongoing U.S.-China trade war could escalate risks, such as China's actions regarding Taiwan or the U.S. imposing export bans on critical technologies, which could be interpreted as signs of conflict. Therefore, as the U.S. seeks to engage allies, it must also pursue dialogue with China.