One thing I wonder about trade wars is who gets to keep the tariff money and who ends up paying it?
I get this feeling that a tariff is just another form of government taxation, which is paid by the consumer as a "stealth" tax.
Great for the government not so great for the country's population.
I think the world should have no tariffs at all and let the marketplace determine who wins and looses. You would think that would encourage manufacturing and production efficiency eventually.
But of course, no one likes a level playing field, especially if you think you can win at playing the game.