The US is already walking on the edge of the knife of financial recovery and President Joe Biden's economic diplomacy push with China is putting the country at high risk with low reward, Josh Rogin writes in The New York Times. Biden has announced that he will be running for a second term in office and the Ukraine war and inflation are just like the salt on the open wounds. And on top of that Biden is doubling down on his push for economic engagement with Beijing. The author believed that raising the economic pressure on China in the current…