It’s not China’s doing! The problem is US retail customers have less disposable income to spend on junk from China. Have you shopped for groceries lately? There is no bear market there. Then add gasoline, property taxes, medical bills, insurance bills, all are in ugly bull trend.
Have you shopped for groceries lately?”
Went tonight. 4-5% more than I spent three weeks ago for the same things. Bananas which are always .49/lb were .59/lb tonight so didn’t buy any. I usually am able to get a lot of coupons off the net. Not as many available the last couple of weeks or are for brands that I no longer buy - like General Mills products.
Check-out clerk said regular customers are coming in less frequently and not buying as much when they come in. Only so much to go around even though the economy in our part of Texas is still some okay.
If you were paying attention, you would know that current products from China are not junk.