Actually, Chinese manufacturers are lowering the prices and moving low skill, higher labor production to Vietnam, Malaysia, etc. to maintain their market share. The early estimate is 75-100 billion to off set the effects of tariffs. That's why, aside from the agro sector, the effects on the imports are negligible and well spread out throughout the American economy. We're in a time of globalization and no supplier is irreplaceable.The above statement is false and non factual.
Imports from China have had a significant tariffs put on them which in return has made it more expensive for certain industries to produce those products with raw materials imported from China. Trump has lost support over the China tariffs only a blind fool can not see that.
If he doesn't stop his foolishness with China they will end up fucking the U.S out of rare earths. What does that mean for the U.S??? It means many different products that are used daily will be more expensive. Rare earths are also used in weaponry and what does that mean??? The U.S would have to increase their military spending by a large percentage due to the higher costs associated with producing these weapons or they can reduce their military budget :bump2::bump2::bump2: which will never happen.
So in short if this nonsens by Trump doesn't stop the U.S is fucked and with a lagging U.S economy the rest of the world will struggle. This can also benefit China as they can step up to other countries and take the lead on trade away from the U.S so in short no matter how you look at it the United States is fucked.
You should take your blinders off and get out of the Trump circle jerk it will help you see better.