Significance of Trade Between China and the USA

Analyze the significance of trade between China and the USA, Chinese manufacturers exporting to the USA, transferring production overseas, and the USA’s import of Chinese products.

Assess the options that Chinese manufacturers, which export a significant volume of their manufactured goods to the USA, might consider when exposed to these new tariffs, whether it be in the short term or long term. Analyze the advantages and disadvantages of these options. Discuss what factors you would consider when comparing which country would likely be the best option. Examine the advantages and disadvantages of sourcing your products from a USA-based manufacturer.