the answer is no, completely decoupled as everyone in dc wanted. foreclose china 2 trillion treasuries and money. they will seize about 7 trillion of all us companies investments /ownerships inside china. call it an even. that is, not counting appl nvda wipe. and forget about walmart Home Depot etc, they are not even on the table to be bargained.
The Orange Chaos Gibbon tacked on another 50% on China on top of the already added tariffs. Tariffs on China set to rise to at least 104% on Wednesday, White House says https://www.cnn.com/2025/04/08/business/trump-china-tariff/index.html President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday, White House Press Secretary Karoline Leavitt announced on Tuesday. This comes on top of Chinese tariffs that were in place prior to Trump’s second term. China was already set to see tariffs increase by 34% on Wednesday as part of Trump’s “reciprocal” tariffs package. But the president tacked on another 50% after Beijing didn’t back off its promise to impose 34% retaliatory tariffs on US goods by noon Tuesday, adding an additional 84% in duties. “Countries like China, who have chosen to retaliate and try to double down on their mistreatment of American workers, are making a mistake,” Leavitt told reporters on Tuesday. “President Trump has a spine of steel, and he will not break.” “The Chinese want to make a deal, they just don’t know how to do it,” she added. She declined to share what, if any, terms Trump would consider to lower tariffs on China. China was America’s second largest source of imports last year, shipping a total of $439 billion worth of goods to the US, while the US exported $144 billion worth of goods to China. The mutual tariffs threaten to hurt domestic industries and are poised to result in layoffs. Earlier Tuesday, China’s Commerce Ministry said it “firmly opposes” the additional 50% tariffs on Chinese imports, calling it “a mistake upon a mistake.” The ministry vowed to escalate its retaliation on US exports. Dozens of other countries as well as the European Union also face a midnight deadline for new tariff rates. Those rates, which Trump laid out last week, range from 11% to 50%. Leavitt told reporters that despite several conversations with world leaders aiming to negotiate lower tariff rates, Trump has little appetite to delay his plans. Having spoken with Trump earlier on Tuesday, Leavitt said, “He expects that these tariffs are going to go into effect.” At the same time, she said Trump instructed his trade team to make “tailor-made” deals with countries that want to negotiate. Pressed further on whether the president had any timeline or deadline for the trade deals, Leavitt again reiterated that they won’t be “off-the-rack deals.” This is a developing story and will be updated.
Stubborn stubborn stubborn. They are shooting themselves in the foot so to speak with injuries that will take decades to recover from IF they recover. Europe best not make the same mistake.
Round 2 coming? There will be even More trading opportunities. So continue to be alert for trading opportunities. As both countries increase the tariff, soon, no goods will be shipped between China and the US. Then thousands of cargo ships will be sent to India/Pakistan for scrap.