I wouldn't expect a long and drawn out trade war with China. They're putting on a brave face, but the US supply chain has been steadily shifting to places like Vietnam in the last couple of years as China's markets have been maturing and thus getting more expensive. This is an old article written during the Obama administration, but it lays out the ground work for why the US is in a strong position. https://www.cfr.org/expert-brief/us-...ng-facts-myths