Chinas official response equates to 'Reeeeeeeeee'.
I don't blame them. This is really bad time for them to face tariffs. They're manufacturing has been undercut (China-style) by their neighbours. And the domestic market is unstable and unable to sustain them. Especially since their housing market has begun to crumble.
Their economic future doesn't look stable.
They can't fight a trade war right now, and they know it.
And Trump knows it.
Chinas official response equates to 'Reeeeeeeeee'.
I don't blame them. This is really bad time for them to face tariffs. They're manufacturing has been undercut (China-style) by their neighbours. And the domestic market is unstable and unable to sustain them. Especially since their housing market has begun to crumble.
Their economic future doesn't look stable.
They can't fight a trade war right now, and they know it.
And Trump knows it.
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Chinas official response equates to 'Reeeeeeeeee'.
I don't blame them. This is really bad time for them to face tariffs. They're manufacturing has been undercut (China-style) by their neighbours. And the domestic market is unstable and unable to sustain them. Especially since their housing market has begun to crumble.
Their economic future doesn't look stable.
They can't fight a trade war right now, and they know it.
And Trump knows it.