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The ongoing US-China trade conflict has escalated, particularly following the Trump administration's new tariffs aimed at leveraging global negotiations to isolate China from international markets. U.S. Treasury Secretary Scott Bessant has emerged as a key proponent of this strategy, proposing to collaborate with allies in Asia and Latin America to pressure Beijing. During a recent meeting, Trump was briefed on plans to incentivize non-China nations by offering reduced tariffs while simultaneously demanding concessions from them that target China.