There are different cliques of capitalists in the US. Some of them benefit from globalization and leveraging cheap manufacturing in China, others see China as a threat to their business model. Products like solar panels and EVs threaten the oil industry, Chinese platforms and phones threaten companies like Meta and Google.
It also seems like a lot of the bourgeoisie wants to. Nvidia CEO has to bully trump into allowing his chips into China.
I think a lot of the anti china stuff comes from the political class
There are different cliques of capitalists in the US. Some of them benefit from globalization and leveraging cheap manufacturing in China, others see China as a threat to their business model. Products like solar panels and EVs threaten the oil industry, Chinese platforms and phones threaten companies like Meta and Google.
I don’t think that Trump gives a fuck about billionaires right now. He’s more interested in spreading his ideology rn since it’s his last anything.