Right now, we don’t make anything. But we could always start again!
so it will be US that suffers not China. It takes time to setup factories to build stuff. China can easily consume what they make.
A trade war will not benefit US. You assume a factory would be setup in the US. Why would they? With all the taxes and regulations, why would a “rich” guy go thru the trouble of investing if he’s not going to make money
Only a billionaire like Trump would think a trade war would be good for the country. He got no skin in the game. The poor is going to be hit so hard
Plus, its not US that makes China powerful, its the Chinese. They’re the ones that making the stuff, not Americans. Americans are simply consumers
Here’s a good video that explain the dynamics
http://www.youtube.com/watch?v=IlWpGm9POwQ