Tariff charges are paid by the importer, not the exporter. Adding huge tariffs to Chinese manufactured goods can only hurt American companies who rely on Chinese engineering and manufacturing expertise.
This is a charge that American companies will have to pay and it is the people of the US who will foot the bill for additional costs.
I watched a 3 hour video the other day about how this has killed affordable PC computing in the US, and there’s no undoing the damage now. The effect is on a time delay based on the material supply chain and will hit soon.
Reference: https://youtu.be/1W_mSOS1Qts
Hearing it from real people running the real companies we’re used to hearing about in reviews or even being a patron of, really helps bring the reality of what’s happening front and center. Its also fascinating seeing the insulation of the larger companies like Corsair and how different but also alike they speak about the uncertainty of the future.
Adding huge tariffs to Chinese manufactured goods can only hurt American companies
This is not how economics work. It will MOSTLY hurt American companies. But it will also hurt the Chinese manufacturers because of the fast change in demand. It can even hurt 3rd party countries because these Chinese companies might now dump these goods on the market which in turn could hurt their competitors.
