Quote:
Originally Posted by MorTech
China cannot survive as a prosperous country without the *HUGE* USA consumer market. It is difficult to understand what they are doing as it appears to go beyond just "saving face".
Mercantilism works until it doesn't.
China (Xi) is in real trouble it seems. This tariff battle will be interesting. It will be very disruptive for awhile.
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The question is: Can US survive in the short term without Chinese imports?
Chinese exports to the United States in 2024 accounted for 14.7% of its total exports. Still leaves them a healthy market.