3 ms·
China has spent the last year(arguably the last decade) moving their supply chain to not rely on the US. Trump is about to bail out a handful of US industries
by chneu 1y ago
China has spent the last year(arguably the last decade) moving their supply chain to not rely on the US.
Trump is about to bail out a handful of US industries because of it. Specifically agriculture has taken tens of billions of dollars in losses because China entirely stopped importing US soy and other crops in the last year.
Trump's whole shtick is that the world NEEDS the US no matter what. He's absolutely wrong.
China has heavily invested in countries to avoid this exact situation.
- Fade_Dance 1y agoI agree, which is why it's plausible that there is a scenario where the bluff is called.