>>513194610
I am serious about this post.
> There are people everywhere where you can offload your cheap Chinese product
This is the point.
We imagine international trade as a closed water tank (regardless of how each country specifically trades). The United States is the one injecting water into this tank (due to the dollar's status as the international reserve currency), as it sustains the largest trade deficits. Meanwhile, China is the one drawing water from this tank, as it earns the largest trade surpluses from international trade.
When the U.S. starts a trade war with the world, it’s equivalent to reducing the overall water flow into the tank. No matter how other countries trade internally, the amount of water China can draw from this tank will inevitably decrease.
Let’s analyze specifically: for example, the EU earns hundreds of billions of dollars in trade surpluses from the U.S. each year. This surplus is the foundation for the EU purchasing large amounts of goods from China and absorbing significant deficits from China.
Without the money earned from the U.S., Europeans cannot sustain such large deficits with China. Since no country except the U.S. can print an international hard currency (dollar, gold, or now Bitcoin), any country running long-term deficits, other than the U.S., will go bankrupt.
Therefore, when the U.S. tightens the valve, the water China can draw from the international trade tank will inevitably dry up. The U.S. doesn’t need to worry about how you might trade with China under table.
I can explain further if you have problem
