End of day, page-12

It is not about China vs USA..... it’s about China having access to all the USA spending power... the dollar.... Trump wants the dollar to stay in the USA and not be given over to China who then lend it back to the USA consumers. He is slowing down the Chinese importing of goods into the USA and penalising the USA companies who import American products made in China.
These major companies are feeling the pinch by having to pay tariffs on their products. It’s becoming cheaper for American company’s to open a factory in the USA.
The Chinese will back down as they know that they have had it to good over the previous 30 years. They will give and take or they will lose everything as in exports and then will have a huge competitor fighting them for the rest of the world market share.
Let’s face it they are trying to influence and buy everything in their sites.... Trump is bringing out the big stick in business and starting to restrict their access to unlimited dollar power.