Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories
Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories
apnews.com Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories
U.S. President-elect Donald Trump has threatened to sharply raise tariffs on all Chinese imports and close some loopholes Chinese exporters currently use to sell their products more cheaply in the U.S.
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When Trump put tariffs in imports in his 2016 term, starting a trade war, China divested from American farm exports heavily, rapidly, and permanently.
Hope those farmers and Americans in general are ready for the Dildo of Consequences that rarely comes lubed.