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Exporting to the US is 15% of Chinese exports. Even if that goes to 0% it will not devastate Chinese businesses. It will hurt some there, but if your US busines
by coldcode 1y ago
Exporting to the US is 15% of Chinese exports. Even if that goes to 0% it will not devastate Chinese businesses. It will hurt some there, but if your US business imports a larger percentage of its raw materials or parts from China, you are out of business as there are few alternates. China can sell to any other country to make up some of the loss.