#PortfolioUpgrade Trump is clearly desperate for China to throw him a lifeline, but Beijing’s silence is deafening. No response, no reaction—just quiet confidence. China is done playing games with this giant toddler throwing tariff tantrums.

This isn’t 2018. China doesn’t dance to Washington’s tune anymore. The days of “you push, I yield” are over. You slap tariffs, we counter. You shout, we ignore. That’s power—calm, strategic power.

The worst thing China could do now is give Trump an off-ramp. He thrives on chaos, believes bullying works, and always returns to the same tricks if you show weakness. But this time? No slope for him to slide down. Just a steep wall.

China’s not going to roll in the mud with him. It’ll stand tall, composed—and let the clown show play itself out.