$Direxion Daily FTSE China Bull 3X Shares(YINN)$
There is no shortage of demand for Chinese goods worldwide.
Tariff might reduce Chinese imports by insignificant amount because US has no alternative way to source them or manufacture them at affordable price.
Adding tariff to goods only hammers US consumers cost of living and importers profit margin.
Tariff is also an admission by US that it cannot compete in costs so it tries to block or reduce imports from countries like China.
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