President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might “have two dolls instead of 30 dolls,” but he insisted China will suffer more from his trade war.
Yes, but the USA isn’t the only market. It was convenient because of its size, but nothing irreplaceable.
You realise that the companies that will no longer want to produce in China because of the tariffs will move to India or Vietnam or literally anywhere else? Kinda like Apple and Samsung are doing.
And? Some will move, others – won’t. Moving industry is a huge deal. It isn’t easy. And most companies understand that the problem is not China but Trump. Today Americans are required to pay additional taxes for Chinese stuff, tomorrow they will pay for Indian stuff.
Maybe you have some real numbers to analyze?