China has won the trade war.
China now mediates trade payments for Iran, Russia and N.Korea, and a growing number of other nations...including the Saudis...via CIPS and mBridge.
https://en.wikipedia.org/wiki/Cross-Border_Interbank_Payment_Systemhttps://en.wikipedia.org/wiki/MBridge
The USD petrodollar is dying under a veil of US exceptionalist debt and delusion.
The US has not had a trade surplus for over 50 years.
China enjoys annual trade surpluses of One Trillion Plus.
China has won the trade war. China now mediates trade payments for Iran, Russia and N.Korea, and a growing number of other nations...including the Saudis...via CIPS and mBridge. https://en.wikipedia.org/wiki/Cross-Border_Interbank_Payment_System https://en.wikipedia.org/wiki/MBridge The USD petrodollar is dying under a veil of US exceptionalist debt and delusion. The US has not had a trade surplus for over 50 years. China enjoys annual trade surpluses of One Trillion Plus.