Yup. China is able to turn the tariffs around to impact US businesses more than Chinese.
China will relocate consumer-ready production to other nations to avoid the price hike of the tariffs. The Chinese-manufactured textiles, plastics, and components used in domestic products will still be impacted by the tariffs, resulting in increased cost of domestically produced products using Chinese materials.
Yup. China is able to turn the tariffs around to impact US businesses more than Chinese.
China will relocate consumer-ready production to other nations to avoid the price hike of the tariffs. The Chinese-manufactured textiles, plastics, and components used in domestic products will still be impacted by the tariffs, resulting in increased cost of domestically produced products using Chinese materials.
https://www.theguardian.com/world/2024/nov/20/donald-trump-tariffs-plan-china-imports-companies-impact-ntwnfb