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With Trump’s Help, China Racks Up Record Trade Surplus
So much "winning." How can you stand it?
Draconian US tariffs and pressure on America's allies (who
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China’s export bonanza is why tariff inflation has failed to materialize. Let’s see what the 4thQ brings if Trump decides to stick to his guns and enforce his tariffs…”tariff’s are so easy”
I think a lot of countries are getting tired of Chinas export machine destroying local industry.
The Chinese are intelligent people: they will accept any postponement, negotiate what they can, export to other nations as much as possible, and find “work-arounds” wherever they can. Ultimately their GDP may take a hit. The other side of the equation will be whether Trump’s economy can meaningfully grow without the benefit of relatively good, inexpensive foreign labor.