@ DeltaVee,
Thanks for a very informative analysis of CRMs in relation to China vs global supply. It now appears that Xi has a lot more leverage over the US and Europe than many would previously have realised. Their other leverage is the dominant production capacity of a huge range of manufacturing of almost everything at prices generally a lot lower than their competitors. Even after a 25% tariff, their goods are not yet expensive. And China can readily devalue the Yuan, to considerably nullify a price increase in the US. Trump needs to be very careful, as he is already deeper into a situation he does not appear to understand well than the rest of the world is comfortable with.
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