If we can all put politics aside for a moment (not likely), what's the general consensus on the tariff strategy? Just from a pure economics standpoint it looks to me like:
Short-term possible outcomes:
*Price-hikes will happen on those goods while different manufacturing options are sought (high)
*Scarcity of some goods (medium)
*Panic in the markets due to the unknown (high)
*China relents and a settlement is reached (medium)
Long-term possible outcomes:
*Manufacturers outside of China step in and prices return to pre-tariff rates (medium)
*Prices remain high driving some inflation (medium)
*China pulls more goods from us (low)
Short-term possible outcomes:
*Price-hikes will happen on those goods while different manufacturing options are sought (high)
*Scarcity of some goods (medium)
*Panic in the markets due to the unknown (high)
*China relents and a settlement is reached (medium)
Long-term possible outcomes:
*Manufacturers outside of China step in and prices return to pre-tariff rates (medium)
*Prices remain high driving some inflation (medium)
*China pulls more goods from us (low)