When China goes for the complete break, we better believe it. No half measures and no backtracking expected. China either goes the 'whole nine yards' or nothing.
And when China makes up its mind, it already makes sure to have all the strategic resources in place before doing so, and I believe China has already enough confidence to decouple completely from the USA now. The Global South, with all the infrastructures built up by China, the connectivity afforded by the BRI and the economic support of BRICS is ready to take the plunge.
We have already seen China pushing the boundaries in EVs, high-speed-rails, shipbuilding, semi-conductors, aviation, space exploration and of course manufacturing. And has China succeeded in any of those ventures? You be the judge.
The USA and the Western leaders still probably see China as a country using mindsets in the 1980s, thinking China to be technologically backward, logistically underdeveloped, decades behind the West in everything. And with the Western propaganda machine working tirelessly to send out this message to its citizens, thereby succeeding in its brainwashing agenda, they could not foresee the rapid rise of China today and wants to put a stop to it.
Rednote was a godsend for China, with Tik Tok playing a very pivotal role' in countering USA and Western propaganda. And it was done on the cheap, not needing a US$300 million a year movement. The banning of Tik Tok released the 'genie in the bottle' giving USA citizens a glimpse of what life really is like inside China today, thereby causing backfiring on all cylinders against the USA. Now the USA citizens have more to learn about China than what their MSM had lied to them for decades.
Anonymous
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Even if the tariffs are dismantled today by the USA and China, cancelled contracts have to be renegotiated and forged with Chinese manufacturers by Amazon, Walmart, Target among others. That takes time - time for getting the components to make the products ready for shipment, time for the ships to set sail, time to get back laid off workers at ports to work the cranes if they are still around and have not found alternative jobs. Who is more desperate in the meanwhile? USA consumers waiting for retailers to restock empty shelves or Chinese manufacturers waiting for orders to continue production?
That is provided also that Chinese manufacturers have not committed themselves to Global South customers that is giving them a more stable business deal rather than an uncomfortable feeling dealing with the USA that can turn around any time. I think Chinese manufacturers are now going to look at trade with the USA using a different pair of lenses.
Businesses can be destroyed permanently when customers found new sources which they would not have tried to make use of before and finding them more beneficial to continue to do so. The lesson from the COVID era is one good example of how online shopping takes off during the lockdown and cannibalized the traditional shopping for products at malls. Everything can be had with the press of a button.
And more and more are selling products on-line. One thing I am really surprised about was that even small items of a few dollars are delivered without added charges. How is this even possible? You have to buy more than S$200 before NTUC will deliver. And paying S$4 delivery charges for an order of food, if I am not already behind time about the charges. Pardon me as I am only a poor retiree, and every penny for me counts.
The Hillbillies and some morons still believe that China is going to collapse because of the tariff war. Have they forgotten than China already collapsed more than 20 years ago? That it is still standing goes to show that the shouting alone is not doing much to make China collapse.
Frankly, that US$500 billion or so of exports to the USA is only about 14% of total Chinese exports to the rest of the world at US$3.7 trillion. It is going to shave about 2.9% off China's GDP of US$17 trillion. China's GDP growth is projected to be around 5% this year. Will China collapse, with a margin of 2.1% left even if all exports to the USA are taken away?
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