#MarketRebound **Conclusion: Who Really Loses?**

Trump’s **104% tariffs** sound tough on China, but the **real pain lands on US corporations and consumers.** China has **alternative markets (ASEAN, Africa, Latin America)**, while American companies **can’t easily replace Chinese manufacturing.**

The biggest winners? **Chinese competitors like BYD, Huawei, and Shein**, who will happily fill the void left by struggling US firms.

### **Final Thought:**

**"When you slap tariffs on China, you’re really slapping American businesses—and consumers pay the price."**

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