Most NEW welders today are 100% solid state IGBT units. Actually own 3 of them, all HF units. 3 IGBT welders and 3 transformer units that aren't made anymore. China and Taiwan have flooded the market (via Amascon mostly) as well as Everlast and they are all about to take a hit I suspect. The IGBT welders I own are light years ahead of the old transformer units and they are all digital and all have memory as well. Problem is, if they puke, you might as well landfill them because they are not repairable, lest not by a person with limited electronics experience like me. No more knobs to twist or setting to remember, the welders remember them for you and they are all touch screen and the IGBT machines can make a backyard welder look professional.
I read elsewhere that the Chinese industrial complex is balancing on the edge of folding and the Trump trade war I believe will push them over the edge.
How about Grizzly? All their stuff is imported. Hope they have a lot of machines in inventory. If they don't, they are hosed as well. They always tout in the catalog how their machines are made in Taiwan. Last time I checked, Taiwan was part of the Peoples Republic of China, or close to it.
Bad times for Asia in general. They brought it on themselves however.
I follow International shipping on G Captain and 'What's going on with Shipping' on YT. Both sites give you good insight into the international maritime situation.