Tariffs and why china might say ‘bring it on’
Tariffs have a tendency to be symmetrical. US tariffs could cause China immediate disruption but what would be the long run ? If China weans itself of the USA market then US producers will have to relocate to China. Since many chinese goods are intermediate the cost could be borne by US producers. However large the US market is today it cannot compete with the future Chinese market. Foreign competitors will seek to steal US lunch. If the US…








