Tariffs just add cost on top of the product, but if a product from China is twice as cheap as the one produced in US then even a 100% tariff would mean Chinese product is still cheaper. Also, in some cases the cost is not the deciding factor. This was a good summary from somebody in the industry https://peertube.mesnumeriques.fr/w/4ukCr36qciYWFVGpCVPsQM
I guess I’m stupid but I don’t understand the point of tarrifs over 100%… or any in this case.
Tariffs just add cost on top of the product, but if a product from China is twice as cheap as the one produced in US then even a 100% tariff would mean Chinese product is still cheaper. Also, in some cases the cost is not the deciding factor. This was a good summary from somebody in the industry https://peertube.mesnumeriques.fr/w/4ukCr36qciYWFVGpCVPsQM