U.S. Director of National Intelligence Avril Haines is calling China the “most consequential threat” to U.S. national security. Meanwhile, the Chinese parliament has unanimously voted to give Xi Jinping a third five-year term as president. On Monday, Xi directly accused the United States of suppressing China’s development, stating, “Western countries — led by the U.S. — have implemented all-round containment, encirclement and suppression against us.” Both countries are beefing up their military presence along China’s naval borders, and President Biden has made repeated remarks that the U.S. would defend Taiwan militarily if it was attacked by China — statements backed by $619 million in high-tech arms sales to Taiwan. To make sense of fraying U.S.-China relations and rising tensions over Taiwan, we are joined by Alfred McCoy, history professor at the University of Wisconsin-Madison, who examines the developments in his latest piece, headlined “At the Brink of War in the Pacific?”