I go to China often and I can clearly see how bad the locals are doing. It started recently after the current tariffs were put in place. Empty factories are everywhere. Empty, half-finished apartment blocks everywhere. If their economy goes down just a little because of the tariffs, it will really hurt. And even with the current tariffs, the US economy is the best it has ever been. Increasing them now to 25% will hurt China MUCH more than the USA. I suspect that China will cave and cave quickly. They don't need 1 billion unhappy Chinese in their country.