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Dminorstudio Newsletter

Hey, Stephen here.

I just returned from a two-week business trip to Taiwan and China.

Given the current complex US-China relations, it was a particularly insightful time to be on the ground.

Here are my key observations:

1. Most Taiwan and China contacts view the tariff war as a lose-lose situation and question the US rationale behind these trade policies.

2. Several Chinese manufacturers I know have already lost significant US orders due to heightened tariffs.

3. My Taiwanese connections worry more about China-Taiwan relations, due to US-China tensions.

4. Previously US-focused clients are now actively diversifying to other international markets — e.g., the EU and South America — as a strategic pivot.

The reality? No one can predict what happens next.

Unpredictability has defined this year, with black swan events becoming almost routine.

From a business perspective, I see this as another clear adapt-or-die situation.

We can't control uncertainties, but we can control our mindset, actions, and adaptability.

Every challenge potentially hides an opportunity.

What are your thoughts on this tariff situation?

Let me know:

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