''The big retailers that sell mostly products made in China would have cancelled order when Trump put the 145% tariff on goods from China, in the coming weeks their shelves will become empty. ''
somewhat true. The most damaging supply bubble in the pipe will be forming right now. Many retailers would have stocked up before on the risks of tariffs coming in.
That stock is on the shelves and out back and is whittling down - and yes, the problem is that right now - they need to be ordering, but won't. How can they? putting in orders and having 145% tariff on, off, on, off - so, they'll sit and wait -
stocks as you say will run out -
little stock - means little supply to end demand, means roaring prices - he gets who will pay the most.
At the same time, business dampens much - bingo -
stagflation
and there's never been an easy out for that.
So, the American economy will get hit. So will China. But when the button is pushed to get going again - then, China will be first out of the blocks - because, they are at the head of the supply pipe ------------ IMO, that will give China a massive head start - because the US will be in stagflation.
Of course - who else will get hit? - those who supply China - bigly.
