The current assessment concerning the Tariff War has Xi slowly losing his marbles. China’s street is reflecting the trouble facing the Samari. He is in big trouble, the economy is tanking, real estate is in a current state of vacuum, foreclosures are mounting, layoffs are proliferating, and then there are tariffs. Not a pretty picture. Facing the home crowd he exudes a stiff upper lip, This for public consumption. The reality is completely different. We see him beginning to cave like a cheap suit. Of course the Samari has no choice, when facing the “Art of the Deal” Master. Despite their denials, China is losing the tariffs war and retreating as fast as it can.
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Published May 3, 2025, 10:00 a.m.
President Trump brings manufacturing back to the US — and closes in on trade deals with India, Japan, and South Korea — China’s days as “the world’s factory floor” are numbered. And Beijing is furious.
In a move harking back to the Cultural Revolution, Chinese schoolchildren are again being taught to hate the US. Class time is devoted to shouting anti-American sloganslike “China must win the China-US trade war!”
China’s foreign ministry even released a video claiming that China “won’t kneel down” to the US, warning that bowing to US hegemony would be like drinking poison. At the BRICS meeting in Rio this week, Foreign Minister Wang Yi talked tough as well: “Silence or retreat will only embolden bullies.”
Xi is going Yellow Pants.
