'Plan B' for the U.S.-China Trade War? Leave China.

The video discusses the impact of tariffs on companies like Caterpillar, which faces increased costs due to steel and aluminum tariffs. Caterpillar plans to pass these costs to consumers by raising prices. The trade war between the US and China is causing market concerns, with companies like Lennox, Phillips, and Skechers considering relocating supply chains to mitigate long-term tariff impacts. The video highlights the broader economic slowdown and companies' strategic responses to ongoing trade tensions.

What impact has the trade war had on the share prices of companies like Lennox and Phillips?

What are the potential long-term effects of tariffs on companies operating in China?