>>11308306You're forgetting a lot of the Chinese economy is fake, e.g. with the real estate problems, tofu dreg, fake GDP numbers and so on. Losing a huge part of their export market may cause big problems.
IMO, what I suspect will happen is that the European Union will copy the United States for the internal market, e.g. making factories in the ports of Hamburg, Antwerp, Rotterdam and so on to produce plastic crap there, right from the places the oil is refined.