If building hardware products wasn't hard enough. This could kill a lot of companies pretty quickly. If you have massive inventory in China or you've invested in a factory to build things at scale and now your US margins are underwater, I'm not sure what you do.
Nintendo is facing the same thing. Nintendo had tried to avoid Trump's first term tariffs in 2019 by spending a ton of money moving Switch production to Vietnam only for Vietnam to get hit massive 46% tariffs this week:
Nintendo is facing the same thing. Nintendo had tried to avoid Trump's first term tariffs in 2019 by spending a ton of money moving Switch production to Vietnam only for Vietnam to get hit massive 46% tariffs this week:
https://www.designdevelopmenttoday.com/industries/manufactur...