they are a threat but not existential. only russia is existential b/c nuclear warheads. china is happy to stay in their asia corner and sells stuff.
104% come midnight the China implosion begins. Your imported goods are waiting at port, when will you pay and pick them up? No answer, is their phone's disconnected?
importers pay, such as walmart. they already put the 10-20% deposits with net 60 or 90 terms. when cpb calls walmart, sam needs to pay 104% on top of the inovice value, otherwise it sits on the ship. and the shipping costs, etc, 95% are fob, that is, walmart pays the costs.
You are deeply delusional and really just an online asshole who day trades. Try saying intelligent instead of all this drivel you just sound ignorant.
lot of maga are smart enough to trade but why they don’t understand the basic economy concepts. i just don’t get it.
If they lose expect a world wide recession. There will be millions and millions of unemployed China putting them into a deepnrecession. That will then bring down the entire world...I dont think anyone has any idea what is unfolding...we are headed for a worldwide collapse never witnessed before... This trade war will literally have hundreds of millions unemployed across the world.....
Trump will turn a disaster into an opportunity. Soon everyone in the west will be employed working in ammunition factories.
China does not "back down" b/c it's a rival state on the geopolitical map and tariffing their products is a natural thing to do.