Navigating Tariffs and Economic Power Dynamics

The competition in the market has led to the U.S. considering tariffs on products, prompting China to strategize ways to bypass them. China holds leverage as a major provider of pharmaceuticals and other goods to the U.S., cautioning against excessive tariffs. The historical tension between the U.S. and China, especially during the Trump administration, is highlighted with the mention of COVID-19 implications. The implication of tariffs on China can have ripple effects, as seen with California's additional gas tax imposed by Governor Gavin Newsom.