I doubt it. Trump is personally tied to the tariff issue in a way unlike most other issues; he's been talking about his love for tariffs since at least 1989 and made it a major plank of his 2024 platform. It is far more likely that Trump will attempt to muddle through, with the next opportunity to score a "win" being the expiration of his 90-day "negotiation pause" with the non-China trade deficit countries.Well, he is the one who is the top advisor to Trump and he is the most hawk about China and tariff. I think he will be sacked and Trump will blame everything to Navaro .. thats Trump anyway
I agree. Which is precisely why China shouldn't escalate; it needs to stay away from the forefront of the scene so as to allow European and Korean/Japanese minds to focus on the threat posed by Trump's America.IMO the main point of trade talks with Europe and Japan isn't that they'll actually align with China, it's not in the nature of their culture to do so and even if they do it'll only last until Trump leaves office.
The main point of trade talks with Europe and Japan is making them believe they have leverage when they deal with America, making them hard to digest and in the process harm both US and themselves. If they do align with China, bonus.
China should just set an export tax or restriction so Trump can't get off that easily. He wanted a trade war so he gets a trade war.
China's central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce U.S. dollar purchases, people with direct knowledge of the matter said on Wednesday.
Peter Navarro thinks just like every other Republican so why would Trump just fire him and not all of them? The reason why they want to end trade with China is because they think the US is China's only customer. Take that away and China will come begging like Trump has repeated or it will collapse. The problem is if the US is China's only customer how come Huawei that the US tried to destroy by getting the West to ban everything from Huawei made more money than ever without the US and the West as customers?