USA has a huge deficit with China. China's tariffs are futile.
Let the chaos continue
That's certainly not wrong but the numbers are going down over time, China has seriously ramped up domestic consumption and opened up a lot of new markets. It is not as dramatic for them as it was a few years ago. Also
a few hours ago they have started to reduce their holdings of US treasury bonds which might have more of an effect than their tariffs which I agree are mostly a show of actionism for the Chinese punters.
But interestingly while browsing AliX et al it occured to me that the vast majority of Trump merchandise seems to come from China:
https://www.aliexpress.com/w/wholesale-maga.htmlhttps://www.temu.com/search_result.html?search_key=maga&search_method=userSo that MAGA hat just got about twice as expensive in which I can spot some irony.
At least popcorn demand will soar in the short term I guess..