“Nobody Wins a Trade War.”

Yet Doug Barry from the US-China Business Council says it’s more complicated than a simple pivot to new production centers. “China became the world’s factory for a reason. They had the land, they had the resources, but they also had the people— both in numbers and skills. The Chinese have become very good at making complicated things. It’s one of the reasons Apple has most of its iPhones assembled in China. That won’t be easily replicated in other places.”