How the US tariffs will backfire:
1. The box prototype costs 800% more in the US than in China.
2. The label design costs $7,000 and $2 per print in the US, while 25 cents in China with better quality.
That's why even a 500% tariff still can't stop China.
The founder of Alibaba knows the truth.
Over 30 years, by outsourcing manufacturing, US corporates made massive profits, more than the 4 largest banks in China.
So where did the money go? War and Wall St banker pockets.
Nothing on infrastructure.