Re: collateral damage?
My company hasn't seen a single order from China since the tariff war started
Can't say I'm surprised. But the economic system as was, was non-sustainable. The US (and several other Western economies) running vast trade deficits with China, buying a shit-load of Chinese goods whilst China chose to buy little or nothing in return. In the long term that doesn't work for either side, particularly when there's not a free float currency for China, unless there's some other trading parties to form a net trade balance.
Running a vast trade surplus has worked for Germany in the Eurozone, but that is a very unusual and is only possible by Southern European economies taking the pain of a exchange rate that is both too high for them, and they can't devalue.
Whilst nobody has a good word to say for the Donald, his actions here might actually push China to run a more balanced trade programme, and for manufacturers to consider that offshoring everything isn't just a risk free boost to profits. Whilst a bumpy ride for companies is certain, this may lead to some change that means the West having to pay more for goods (due to less imported from China) but equally we might actually be able to sell things back to China.
Biting the hand that feeds IT
