It’s certainly not bad for China. They’ll just continue to pivot away from US markets.
Might be good for Mexico, they’ll become an even more important trading partner and on top of that China might to decide to park lots of capital in their country to get around the tariffs. Combine that with MAGA wanting to invade Mexico and we might see the collapse of NAFTA at the rate things are going.
It’s certainly not bad for China. They’ll just continue to pivot away from US markets.
Might be good for Mexico, they’ll become an even more important trading partner and on top of that China might to decide to park lots of capital in their country to get around the tariffs. Combine that with MAGA wanting to invade Mexico and we might see the collapse of NAFTA at the rate things are going.
Then I’m happy. As long as china is well, all is well