In this discussion, Hannah Miao, a WSJ reporter focusing on the tariffs' impact on China, shares insights on the U.S.-China trade war. She reveals how 20% tariffs are reshaping the Chinese manufacturing landscape, forcing companies to rethink production strategies. Miao highlights a shift from China to countries like Vietnam and discusses the broader economic implications, including weak consumer demand and overcapacity in manufacturing. The conversation underscores the complexities that businesses face under these new trade conditions.