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China is taking this with a baffled shrug. We no longer control the world economy, Trump has turned us into a failing nation, an empire in retreat, handing leadership to China. Major corporations won't fail but average American's 401k's will. Even the mighty Fidelity Magellan down 25% in 4 months.

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Some say the billionaires who have the orange guy as their puppet are seeking an economic crash to impose a new social order and become feudal lords. It's hard to believe, but given the facts...

Exports to the US represent less than 4% of China’s GDP, and their GDP is growing at over 5% per year. US exports could end tomorrow, and they’d barely notice it.

Russia has the once mighty USA by the nuts and will not let go willingly. 45 will destroy everything he can while he is allowed, he is no longer pretending. And we are going along with it. Next is martial law and concentration camps, and not only for POC and "illegals". Buckle up. Just beginning.

trump is waiting for China to call and beg him to remove the tariffs. China is not blinking so far. Sounds like he is worried. Maybe China plans on bitch slapping him. Somebody has to stand up against him, looks like Xi is.

Also, China controls the pricing for the public since the government technically owns all businesses. China has the ability to absorb all of the tariff costs that the United States adds so that the end consumer never feels the burden