China expects to outlast US in trade war, alarming Big Tech.

Tech companies’ worst nightmare ahead of Donald Trump’s election has already come true, as the US and China are now fully engaged in a tit-for-tat trade war, where China claims it expects to be better positioned to withstand US blows long-term.

  • Krik@lemmy.dbzer0.com
    1·
    7 days ago

    that… for lack of a better term - liberalized global trade - were a mistake, and they are intent on reversing them at all costs.

    I wonder if they thought that through. The US might not have an economy left by the time the factories replacing foreign products are set up.

    • catloaf@lemm.eeEnglish
      1·
      7 days ago

      It’ll still have people, and those people will be desperate. Perfect for exploitation.