SO far the trade war hasn't really hurt the US, and it is hurting China somewhat. BUT this is just the beginning and this thing looks set to escalate over the next year because China is not going to make any real concessions. This war looks to drag on and escalate and the damage it could do to our economy will increase. It is a very real possibility that this could cause a recession and continue to drag on for years. If that were the case then Trump would have gotten us into another war that he totally mismanaged, fucked up, and can't win, just like Bush did The war in Iraq started the same way and then before you knew it, we were bogged down in a total quagmire that we couldn't win, and that completely destabilized the entire region, with no end in sight. Bush made so many mistakes and terrible decisions in Iraq and the results proved that. The war in Iraq was one of the biggest blunders in US history and we have Bush to thank for that debacle and failure. This trade war could take a turn for Iraq. I think Trump made a major mistake/blunder when he increased the tariffs a few weeks ago. At that time the tariffs were clearly hurting China, but not hurting the US that much so just be patient and sit back and let them damage China and not us, which will help us. Instead raising the tariffs to now 15% and 30% will start to hurt the US and could cause a recession. Also it seems like the tariffs are going to continue to go up, which will hurt us even more. Every move made in this trade war is very important, making the wrong move could make or break the entire outcome of the war. This trade war could turn sour and then Trump will have passed off another losing war to his predecessor, just like Bush. Two peas in the failed president pod, notta a good look for the GOP.