[daft_pink]

I think the reality is that nimble adaptive companies won by quickly moving production and identifying suppliers in China (ie Amazon/Costco/Walmart/Target).

These are the same companies that are going to quickly identify suppliers and redirect operations to other countries that don’t have massive tarriffs. The same way large American companies adapted to globalization and the pandemic, you’re going to see a quick rapid adaptation where American goods are made in other countries faster than anyone thought possible.