| >If they were to go with embargoes and not tariffs,, things would be dramatically different, especially if they can nuke holiday season sales. >Just a plain clothing embargo would send all and every American retailer scrambling. There will be not enough merchandise in all India, Bangladesh, and Vietnam combined. And it will be even worse if Chinese factories in those countries would also join the embargo. >For things like regular household goods will also be no real alternatives as even export oriented economies like Vietnam import god knows how much plasticware from China just because it is often cheaper than manufacturing locally. I am confused. No countries that I know of apply tariffs and embargoes on exports of goods, except stuff that's national security sensitive like military tech. They do the opposite, i.e subsidize exports, which is at the core of this mess, i.e Trump thinking that China is subsidizing too much and devaluing their currency. Are you advocating that China apply tariffs and embargoes on exports to the US? Isn't that what the US exactly wants? Also embargoes mean that, in the future, after this is resolved, importers will be very vary of trust Chinese exports and will prefer other countries even if somewhat more expensive, just for stability. |
When even rich people start feeling powerlessness at not being able to get basic material necessities, things do happen.
At some point, people stop looking at Beijing, and start looking at Trump