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.
China needs US demand, it can’t replace it anywhere else.
- - - - - - -
They can retool factories to make products to be consumed in China, but it might take time.
In the long run, producers consume. The Chinese are producers. If the US keeps printing money, it does not need to produce as much. Take away from the government its ability to print money and the US will be a producer again.