China won't mind a short term hit. They think and plan 100 years in advance and they are planning for global domination. Most in the US only think about next quarters earnings (if you are a company executive or stockholder) and the next 2 year election cycle, if you are a politician.
There never was a moment, and never will be, when we are without the power to alter our destiny. This second, we can turn the tables on Resistance. This second, we can sit down and do our work.