 And he says there aren't any producers in the U.S. who make the materials he has to buy from China. So he says those tariffs are protecting nobody. Where you stand depends on where you sit. Bill Reinsch is a senior advisor at the Center for Strategic and International Studies. He says some industries may find ways to adapt, others will raise prices, and others may fail. In a sense, they are all paying the price for protecting or developing other industries deemed more critical.