【Just said it wouldn't change, and now there's another tariff】 Trump himself has a high evaluation of the China-US London negotiations, but the substantive content he revealed is just three points: first, the US will gain access to rare earths; second, Chinese students can continue their studies in the US; third, tariffs will no longer change.
As a result, just after saying 'tariffs will not change,' he turned around and changed his mind.
Now many companies are being tossed around severely; they originally thought moving their factories to Southeast Asia or India would help them avoid a disaster, but they found it doesn't work at all—Trump's tariff stick hits products from these places as well.
Some joked, 'Are we supposed to move the production line to Mars?' Even more absurdly, even if someone really grits their teeth and builds a factory in the US, there are still a lot of problems.
Not to mention that the labor efficiency there is low, skilled workers are tightly restricted by immigration policies, and in the end, the cost adds up to be worse than paying the tariffs.
This operation is like playing a game with cheats, but it ends up ruining all your teammates. What is the tariff war really for?