A 60% tariff on Chinese goods would be very bad for China but only mildly bad for US consumers because production would shift to Vietnam, India, or other countries rather than back to the US; this hurts the US geopolitical rival (China) at modest consumer cost.
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Speaker
Peter TealEvidence Quote
“if you did 60% across the board tariffs on China um it probably would be very very bad for Chinese companies and China it would only be mildly bad for us consumers”
Created: 8/11/2026, 6:46:09 AM
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