I wish it were that simple.
If a trade war actually starts IT WILL BE PAINFUL.
It's not like we have all these factories lying around just waiting for someone to flip the light switch on. Many of the key factories went out of business decades ago and would need to be completely retooled to get up to snuff.
This shit really isn't a game. You may be old and "established" but their are millions of Americans who are still just getting by from week to week. Smack them with higher prices for a year or two until things stabilize and watch shit go back down as fast as it came up.
No more painful than a lidocaine needle at the dentist. You hate that, but after you get home, you're glad you went.
China is bluffing. They can't do a trade war with the US. They need us.
We don't need them.
We have the big, wealthy market to which they sell all their goods. And what do they have ? A billion penniless paupers (even the employed ones, who work for peanuts) .
China knows this. That's why they pushed Kim Jong Un into doing his nuclear missle tirade. When Trump announced the tariffs, China had no more need for the big missle bluster, and it ended.
China's economic rampage is coming to an end. All it took was a business smart POTUS, after having 4 dopes.
As for "higher prices", nah. How do you think a price is determined? If you knew, you wouldn't be scared at all. If they raise their prices, their sales drop. They gain nothing by raising prices, and it would even cause them to lose money.