USA had already lost the trade war. Now Trump is buying time- fending off insolvency with unlawful, isolationist and obstructive tariffs - the interest cost on that $36T US debt is almost $1T/year and growing. Trumps tariffs buy a little time (not much if they are squandered upon tax cuts for himself and his wealthy corporate sponsors) but mostly adversely impact US consumers and businesses and will result in significant inflation eventually driving up interest rates and further increasing the debt burden. US insolvency looms. Collapse of the USD and US empire. All other nations will shift trade even more toward China and away from the US. Within 5 years the global financial centre will be China/Hong Kong. Much more trade denominated in Yuan and Euros. USA will be reduced to a regional power standing over the Americas and estranged from Europe and traditional allies who will have come under the Chinese trading empire even more swiftly than they were already. Trumps tariffs only make sense if the next step is war and you need to rebuild domestic supply chains in order to reduce the currently huge dependence upon Chinese supply chains.