What's being described here is sometimes known as a "plus one" strategy, where a company maintains an alternate (hopefully non- tariff'ed) route to sell to some

What's being described here is sometimes known as a "plus one" strategy, where a company maintains an alternate (hopefully non- tariff'ed) route to sell to some portion of its potential customers. In this particular case, "China plus one". That said, I think calling all potential tariff policies "a waste of time" because of it is far too sweeping.