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 US, at 15%, is China's largest trading partner. They are probably rapidly looking for OTHER customers.