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0 sats \ 0 replies \ @Solomonsatoshi 9h \ parent \ on: Uncommon Opinion: Tariffs are for Free Trade (Financial Times, Oren Cass) econ
USA would not last 6 months without Chinese supply chains.
Amazon, Apple, Tesla and most other top US corporations would be fucked without the Chinese supply chains that are essential to their manufacturing goods.
Tesla claims to manufacture in the US but it is mostly assembly in US at best- the parts nearly all are Made in China.
Trump had to cave when China refused to bow to his bullying and bluster as USA would be insolvent very swiftly if USA lost China supply chains.
Similarly Putin is ignoring Trumps pleas to stop the advance across Ukraine- with Chinas support and supply of manufactured goods and purchase of Russia oil and gas Putin doesn't need Trump and USA. Trump needs Russia back in the SWIFT fold before the Saudis also defect to Chinese payments and trade as the Russians have shown can be done.