US grand Stategy

The conventional wisdom is that US follows a grand strategy of deep engagement. Describe what you see as its strengths and weaknesses vis a vis major competitors Russia and/or China (take your pick or use both).
Although Isolationism and Primacy have their adherents, the major grand strategy competitor is Offshore Balancing. Under an offshore balancing strategy, how would US behavior towards competitors change? Which strategy do you feel would be more effective going forward?


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