Apples announcement of moving production to India has spooked him.
China needs US demand, it can’t replace it anywhere else.
I look for the de minimus to be put back in place soon, so we can continue to get our cheap chinese s#it.
Not sure what to make of this.
Here’s the Kyle Bass (Big Short) take on China Trade:
The US will likely outlast China in the trade war, according to Kyle Bass.
The “Big Short” investor said he believes China’s economy is feeling more pain from tariffs than the US.
He thinks trade talks with China are happening, even though China has denied negotiations are taking place.
China already removed the tariffs this morning for Semiconductors and other products so yes Trump is winning this battle
Just for fun, ask GROK to make a picture of Donald Trump dog walking Winnie the Pooh.