Trump: "we're going to bring manufacturing back to America"
Also Trump: "tariffs imposed for 4 days"
Manufacturers: "why would we spend billions building factories, when tariffs tomorrow might be zero or 400%? We will manufacture in Asia or India where it is stable, and far cheaper"
Bond holders: "why would we invest in US bonds when you have the most overvalued and most unstable currency? And are likely to default soon?"
US importers: "we cancelled all of our Chinese orders, because by the time they arrive in the US we might have to pay millions in tariffs. And many of us have gone bankrupt because we do not have the millions to pay the shipments that cleared US customs the last 4 days. The goods that cleared are now scarce, and cost much more, so we must double the price to the consumer"
US consumers: "we cannot pay double the price, so we will not buy. Also, next week there may be no tariffs, so price will go back to normal, so we will wait. Also, millions of us have lost our job in government, so we cannot pay our bills."