What that view ignores is the opposite which is what happens if sellers can easily switch to new alternatives? ie what happens if global demand exceeds supply

What that view ignores is the opposite which is what happens if sellers can easily switch to new alternatives? ie what happens if global demand exceeds supply and a lot of companies have never tried to find other markets because of the inertia required to do so - but if they are pushed by tariffs they find there are alternative customers out there. As an example - Canada appear to replaced trading food for cars with the US, to food for cars with China. https://www.facebook.com/TechXnew/posts/canada-has-made-a-decisive-trade-move-by-striking-a-major-agreement-with-china-s/889239380464555/ https://www.facebook.com/TechXnew/posts/canada-has-made-a-de...