Today 1:23 pm
Remember, my response to you was based on your scenario where the CCP buys up all of the manufactured items and then dumps them on the world. In that case, neither the US nor the rest of the world is going to let China to get away with that anymore. So, sure, the CCP can sell all of its "cheap flea-market bargains", if it decides to lower the prices to compensate for the tariffs too. Otherwise, China will be like the fancy flea-market knife guy competing with the gobs of other cut-rate knife guys scattered throughout the orange clay lot.Cannonpointer » 15 minutes ago » wrote: ↑ AND THEN THERE IS THIS: China pays not one penny of those tariffs. The tariffs inconvenience China in one particular and in ONLY one particular, and that is by reducing their market share by making their products more expensive. The market reduction is accomplished in two ways:
1. Any competitors not equally gigged will have an advantage; and
2. Consumers will be more likely to simply forego Chinese products even where no competitor fills the gap, in the case of impulse buys.