Clearly, the tariff war against China has failed on all fronts and Trump is clearly very desperate. But, as the horses have already bolted after opening the stable doors, Chinese goods are not heading to USA ports. They are avoiding USA ports for destinations in the Global South and South-East Asia. Trump can now threaten to raise tariffs to 2,000%, not just 200%, to milk China selling to the USA, and it is not going to make things favorable for the USA. All the building of castles in the air about reaping in hundreds of billions in tariffs is not going to happen. China is not even willing to let Trump benefit from the 15% creaming off from the sale of Nvidia H20 chips to China by cutting that off as well.
The USA wants to start a tariff war against China and is getting a real lesson in 'Chinese great wall building' erected' against it instead. The Chinese are great wall builders and no stranger to it, with history on its side in the building of walls. Trump is a wall building wannabe, building his wall against Mexico as thinking that is a real deal. Trump has not even seen or figure out what the Great Wall of China is all about or even managed to climb that in the first place to understand the meaning of building walls. Trump thinks that his big, beautiful and marvelous wall in its Southern border is all there is to it in wall building. He is comparing just apples with oranges in real scale.
Trump is still boasting about having the most destructive card in his hands against China, while farmers are begging for mercy and wanting the Chinese export market back. Sad to say, that is not going to come back for USA farmers. It is gone for good and never going to go back to USA, whatever Trump is trying to boast about the most destructive card he held in his hands.
Anonymous
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