Quote:
Originally Posted by jimjamuser
The US, at 15%, is China's largest trading partner. They are probably rapidly looking for OTHER customers.
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Yes but almost all other customers are fellow Mercantilist (aka, Fascist) high-tariff export states. It is just laughable that EU and China want closer trade since both are Mercantalist and China supports Russia...Same with Canada which is just another British colony. The CCP is communist in name only...They went from Communism to Mercantilism/Fascism when Mao died.
The USA tariff threats are going to force Mercantilist countries into becoming open and free capitalist markets with more production/consumption balance like the USA. China has a big problem with RMB capital controls and huge debt that they just can't win.
Interesting seems like an understatement.