China is feeling the pain now that we will be feeling in 10 days.

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Layoffs at Chinese factories and trucking companies happen before layoffs at U.S. trucking companies and warehouses because of the time lag in sea shipping.

It’s like an economic Covid. It all happens there first.

For those who are expecting a deal, why would China agree to one if they felt that this was unfairly forced upon them?

Especially when the party which initiated the tariffs hasn’t yet felt the consequences?

Or when your national ethos is overcoming a century of humiliation that was perpetrated by foreigners?

Doesn’t seem so likely now…

There is such a huge disconnect between reality and what people are saying about this situation…

Writing about it just feels pointless.

We can just wait and see.