you might be right but i doubt it myself its not a matter of negotiating with the partners that have just been whacked its how much pain it causes to the US consumer at the register
if these countries cut exports today to the USA the deficit trade balance would return to zero but the USA would be in serious trouble so now Americans will pay for that to occur through these 'taxes' will that make manufacturers return to the USA to maintain profit margin ?
as an example iI Apple returned just 10% of its' Iphone manufacturing to the USA the cost of the iphone to a US buyer will increase from $1000.00 to $3000 per unit - again Americans will pay
Semiconductors won't get a free pass - supply chain 'taxes' tariffs will appear and cause significant impact to those tech suppliers who have not wished to onshore in the US due to the higher cost of doing trade - see apple example above
Weebit volume cost advantage becomes significantly more attractive under these conditions
imo
DYOR
WBT Price at posting:
$1.61 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)