Thursday, 1 May 2025

Will China resist a tariff deal to crush the US economy and dollar once and for all?

 After media report Trump has reached out to China to do a tariff deal, will Beijing resist?

Trump and his Billionaire cronies have boxed themselves into a corern because it is the US economy which is going to suffer massively from their blockade and the voters who are going to turn on them.

Meanwhile the Chinese economy can weather the storm by printing free money to help exporters sell to domestic markets or other global markets and even change their product mix.

China weather sanctions against it during Trump s first term using just this mix and accelerating the development of the BRICS as an alternative trading and financial alliance.

The Chinese can also import commodities from Russia using the Yuan. 

So, the Chinese government has all the cards.

Peter Schiff has also said it is China which is getting ripped off by the USA and it will benefit if it stops exporting its stuff for increasingly worthless dollar debt.

https://www.zerohedge.com/markets/schiff-bounce-just-bear-market-rally

Plus, they know American voters did not vote for Trump to damage China but to make Americans prosperous again and that Trump is finished politically if he fails to deliver very soon.

If Beijing does make a deal, at what cost?

https://www.theguardian.com/us-news/2025/may/01/us-has-approached-china-seeking-talks-on-trump-tariffs-says-state-social-media

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