If China is on the losing end, then why are Trump and the US panicking and hoping Xi Jinping and China call them up as soon as possible?
because trump wants to have some success stories to have occured within his "first 100 days"
thats why he is trying to push for peace with ukraine and russia quickly too
China has so many other trade partners to deal with, unlike the US that has been trying to isolate themselves over the years with stupid sanction policies.
China can still move their goods and trade with South America, Africa, Rest of Asia and parts of Europe. Yes there may be some impact at the beginning but in the long run, China will be just fine.
other countries dont have the capacity to take on all the stuff... thats why its stockpiling at ports and being charged demurrage charges for being left there, no one else is willing to take that much in that huge amount
chinese businesses are also trying to sell fully retail ready and working stuff for scrap price domestically just to get it off the ports
EG where by africa does not have much of a rainy season. whom would want thousands of umbrella's per container
EG whereby africa's national grid electric does not extend to most rural towns and villages, whom wants hundreds of air friers and electrical devices per container
most other countries dont want an onslaught of near free stuff as it then hurts their own economics of their own business
EG if they take on loads of free solar, their own solar businesses in africa will shut down so they would rather say no to protect their own economy
this is what america is trying to do and others are following. not let china push other countries into accepting discounted stuff which would stop countries domestic production
..
decades ago china done this as a strategy.. they sold stuff below cost(businesses subsidised by chinese gov) to get other countries like the US to sell it and switch off US manufacturing and just rely on chinese supply. then china tied the US into trade deals of decades long contracts to only get certain goods from them rather than other countries
china would also offload underpriced stuff into vietnam and thailand to shut down their manufacturing. or even just buy up other countries factories to destroy the competition...
however
now many countries are seeing the light of that mistake and wanting to renegotiate the trade deals and not falling for same trick twice. heck even this week vietnam are sanctioning and charging chinese ships for trying to do these tricks
when goods are sold at normal price from china(chinese business profit without subsidy). the cost of goods are not actually the cheapest worldwide
so this time countries are not falling for same trap again. (taking below cost goods(subsidised) causing shutting down domestic production) nor becoming reliant on chinese goods and then being contracted into continual supply from china whereby china raise prices once deals are locked in
this time countries want to decentralise their supply chain. keep options open and take long term view