You fail to understand that the CCP does not care one whit about the Chinese people, or even the Chinese economy. Appearances matter far more than substance. Their only actual concern is power, and their only true fear is riots and uprisings by the Chinese people. We could look for some brutal tactics in suppressing protests and riots across China, but we will likely not hear much about them at all, since they also have very tight control of their media outlets. Standing up to the US makes them look strong, and that's more than enough for them. Pres Trump should have left this battle on the back burner for at least 6-12 months while making everything else stronger first.
President Trump threatening to increase tariffs tomorrow for the PRC seems to be a sign of weakness from my perspective. If PRC holds firm and I think that has to be considered the default at this point, what's next?
There may be some face-saving negotiations taking place so both sides can claim victory. Navarro however, is an ignorant goof whose ability to put his foot in his mouth at an inopportune time cannot be underestimated.
“You fail to understand that the CCP does not care one whit about the Chinese people, or even the Chinese economy.”
The acquisition and maintenance of power isn’t disconnected from economic realities. I agree, the CCP doesn’t place any value on it’s drones, and will manipulate the economy as much as possible. However, if the CCP can’t sell cheap crap to us, eventually there will be very little they can do to prop up their economy. As far as I can see, the Chinese people have improved their lifestyle, and have middle class style expectations. If the Chinese economy contracts, and citizens are left without enough money or food, the CCP’s power is in danger.
If the CCP cuts a deal after a certain period of time, (enough time to look like they are the ones in control), and declare victory, it’s a win for them.