That's the 'borosilicate glass sippy cup' market destroyed then. Shame.
Scott Bessent was on TV saying Trump's tariffs of 20% on China in his first term resulted in a less than 1% price increase to the US consumer. If(and I realise that's a big if)accurate then these tariffs are not going to have huge impacts on consumers. If they have minimal impacts on consumers then importers can survive.
These are high risk moves from Trump. Let's see how they play out in a year or two. I encourage everyone to stop panicking in the meantime. And certainly pay little attention to business men and women posting on instagram who have barely felt the consequences yet of these tariffs.
Where were you folk when people were losing well paid manufacturing jobs because of NAFTA or being fired enough masse for not taking a vaccine?
HOLY MOLY
