Reply to post: Re: "I saved the Christmas!!!"

Donald Trump blinks in his one-man trade war with China: US govt stalls import tariff hike on Chinese phones, laptops, electronics

EricM
FAIL

Re: "I saved the Christmas!!!"

And that is also the reason why existing or announced tarriffs will not lead to significant relocations of production capacity.

These relocations need several months to several years to be planned & executed. Several more years in stable economic situations to pay for themselves.

And that stability can not be expected from the US government.

Either Trump tries raising taxes permanently, tanks the US economy and loses the next election or he will soon drop the new taxes in response a a probably meaningless "fantastic deal" he will pretend to have reached with the Chinese.

In neither case these tarriffs will last anywhere long enough to justify any long-term relocation of production capacity back to the US.

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