The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.

While Trump's proposed tariffs aim to contain China and compel better behavior, they are accidentally playing into ambitions of China.

Goldman Sachs analyst Elsie Peng projects that the incoming Trump administration will sharply increase tariffs on Chinese imports. Average rates will likely rise by 20 percentage points, with larger hikes of up to 60 percentage points on non-consumer goods,

China may be able to sidestep Donald Trump's tariffs just as easily as the last time he slapped them on the trade rival. The once and future president imposed tariffs on Chinese bicycles in 2018, but manufacturers just moved their final assembly operations to facilities in Cambodia,

Following Donald Trump's election, the US-China trade war appeared to be entering a new phase with Trump's announcement in late November of additional tariffs on China, Mexico, and Canada, a move reminiscent of his "Tariff Man" persona.