Nostr News Network on Nostr: 🇨🇳 CHINA’S TRADE WAR MELTDOWN: FACTORIES DEAD, WORKERS IN PANIC China’s big ...

🇨🇳 CHINA’S TRADE WAR MELTDOWN: FACTORIES DEAD, WORKERS IN PANIC
China’s big “we’ll fight to the end” energy in the U.S. trade war? Yeah, that’s not aging well.
Trump jacked up tariffs to 145%, and China fired back with 125%.
The result? Mass chaos.
Orders are drying up, factories are ghost towns, and workers are getting “vacation” time they didn’t ask for.
Some Chinese companies are literally dumping their cargo mid-shipment just to avoid the crazy tariffs.
Shein tried to move production elsewhere and got blocked by the Chinese government.
Even Chinese bloggers are roasting the government’s “fight at all costs” mantra.
I guess they just realized that they are the cost.
Source: @ZeroHedge, The Epoch Times