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And for Chinese products to remain competitive, their prices have to drop, cutting the profit margins. It still hurts China.
by Fjolsvith 7y ago
And for Chinese products to remain competitive, their prices have to drop, cutting the profit margins. It still hurts China.
- knd775 7y agoIt would seem that you don't do any business with China. Things from China are so cheap that their primary competition is other Chinese manufacturers. When products that I can get from China for $0.65 are >$7 from the US, those tariffs would have to be 1000% for them to make them noncompetitive.
- Fjolsvith 7y agoOh, well, then I seem to have totally misread all the opposition to Trump's tariffs on Chinese goods. What on earth are those importers worrying about, anyways? Silly me.