Basically that means for us only, that we have to pay more for the crap from China we purchase at Walmart. The real loser is the American consumer. It will not create any jobs and if there are profits to be made by reducing the trade deficit, I bet my ass that we are not going to see any of it. Looks like Trump has started the controlled demolition of the US of A. A trade war with China would be a perfect excuse for the pending crash of the economy...The banksters can blame it either on evil China or stupid Trump.