We’re very attached to our production where it is,” executive chair Axel Dumas previously said of Hermès's manufacturing.

A trade war with China will likely make it more expensive for U.S. companies to export their products into one of America's top trading partners. The effects on the job market could be felt most acutely in industries that depend on trade with China.

China has been flexing its economic and diplomatic muscles in recent weeks in an attempt to counter President Donald Trump’s trade war, in which Beijing is the biggest target. Let’s take stock of some of the tactics America’s fiercest global competitor is using.