It has nothing to do with Trump...
Only thing Trump will do is He will make it even more painful.
Yes this is what the opposition is saying but what is Trump saying
The comments come amid news of the US economy shrinking, which the president says ‘has nothing to do’ with his tariffs.
amp.scmp.com
China will hurt more!
The point about dolls is important
Majority of China's products are non essential products. A luxury afforded by disposable income. Americans can do with less or none of these products for a while. Can China bear that for as long? No
Obvious when you consider it's a buyers market and not a sellers market. Yeah?
So the US has China by the balls and not the other way around
Read my both posts collectively.
1. We will need to find other markets.
2. Above is not a choice. West is no longer going to remain the market it is. They will no longer be able to afford to import so much.
West is a large collective. The Euros will take time to recover but the US will recover the fastest.
Not so with China. Their recovery will be stalled. I'm hoping we get another two more months of this drama because then you're going to see China reeling. July is when the 90 days end, counting from April. July is when the tariffs kick in for any country that didn't get a deal done by then with the US
China's GDP contracts. Bad news for the CCP.
China's GDP contracts. Bad news for Chinese manufacturing &jobs. All runs on very thin margins. Always assuming demand is constant. Screw with that demand then you create huge traffic pileup in the supply chain.
Therefore the collective west will recover and remain the market it is.
Where are the other countries with rising GDPs that will eclipse the EU. These other markets you refer to?
Only India. And the sooner the World's leaders understand how important India is to global recovery the better off we will all be
See how the US is dismantling Chinese transhipment
Washington has openly accused Chinese companies of using Vietnam as a transshipment hub to dodge US duties.
www.scmp.com
XJP recently visited Vietnam and told them not to side with the US but Vietnam has no choice. 50% of Vietnamese GDP depends on US sales
Malaysia is looking for ways to reduce its US$25 billion trade surplus with the US in a bid to ease the pain of a proposed 24 per cent levy.
www.scmp.com
Another country XJP recently visited. Same deal. Side with the US lose with China. Malaysia chose the US. This is interesting because China has depended on a couple of ASEAN countries to scuttle any anti China ASEAN resolutions. Here Trump has done it to China. Broken the anti tariffs front in ASEAN that China was putting up.
Cambodia said it was giving priority to Japanese ships to enter the Ream Naval Base as a tribute to the mutual trust between the two sides.
www.scmp.com
Third and last country XJP visited. Cambodia is likely China's strongest ally in ASEAN but seems they want to diversify. This can't have gone down well in Beijing.
ASEAN depends on China for trade but the US for security because they don't trust China. Without security you cannot trade anyway.
Chinese President Xi Jinping's diplomatic charm offensive in Southeast Asia is drawing sharp international criticism after Ho Ching, the influential wife of former Singaporean Prime Minister Lee Hsien Loong, publicly shared a commentary comparing Xi's leadership style to that of a mafia boss.
www.btimesonline.com
Striking statement coming from Singapore. Technically she's right, just saying.
Singapore is an important hub for Chinese trade to ASEAN. Lot of business shifted to from HK here after the takeover
South Korea has discovered increased efforts to misrepresent foreign goods, mainly from China, as Korean exports. This is done to evade tariffs imposed by the United States. The Korea Customs Service found violations worth billions of won. A significant portion of these shipments were headed to...
m.economictimes.com
Korean customs discovered China passing their products as made in korea to avoid Trump's tariffs
What is the result? Formerly China friendly countries are turning against China in their national interest
All the transhipment routes are getting plugged.