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Going to make money off it. Once he flip flops on the tariffs, he’s going to make a shit ton of money in the market. But good news, all his corrupt billionaire friends will too, at the expense of the common man who voted for him. But don’t worry, he’ll spin it as a victory and the foaming at the mouth followers will eat it up like candy. /s About it being good, not the actual events.
Oh god how stupid. China has built an entire transhipment network. China was never going to pay those tariffs anyway. Instead, US companies that desperately tried to follow the rules are still stuck shipping from China. So what happens next? US companies will now have to beg China access to these networks. You thought Tik Tok was a national security issue? When all your goods and services imports are controlled by China…
Worse the canceling of the deminis clause was only against China and HK. But both those companies have transhipment logistics networks across the globe. We are about to see millions of packages a month from dozens if not a hundred different countries. They’re asking for China to unleash what it’s spent the past 5 years building up.
The Trump government doesn’t understand. US previous actions created this. Perhaps if they did this immediately, China couldn’t respond. But China has been courting the global south for decades to set up a resilient logistics network for literally this reason. If you ever wondered what BRI is about, well your about to find out.
Oh god, what an allegory to the current state of USA. You have the symbol of America performing to an empty theater having upset everyone in the audience except for 2 people/countries. It’s coming collapse wasn’t a big deal because everyone had already left the theaters. It does seem to be somewhat predictive of the future.
Why? I can tell you now that the Chinese delegation will essentially say nothing and simply report publically what the US is asking for. Something that other nations haven’t done yet to allow USA to save face. This isn’t something that China would be willing to do. China has no demands yet, nor any desire to end the trade war. What they do have a desire for is to make everything USA is trying to steal public knowledge.