That's why your boi Trump just said that the tariffs will "come down substantially"? Because China is losing relevance?
First he said he was putting in the Tariffs with no negotiations, carve outs, or pauses. Then he said he was going to do some carve outs for things like computers. Then he said he was negotiating. Then he said he was going to pause them.
Now he's even folding on the tariffs he said he'd never fold on?