Air Force One will land in Beijing on May 14. President Trump expects to land with leverage in his briefcase. He should think again. On May 4, U.S. Treasury Secretary Bessent appeared on Fox News to plead with China to help reopen the Strait of Hormuz and relieve pressure on the international oil markets. While Bessent was busying himself on Fox News, China was busy making friends by supplying those in distress with much-needed oil and other commodities. This story goes back further than the blockade of the Strait of Hormuz. In December 2018, the long arm of Washington reached…