USA imposed tariffs because China can and does produce goods at the best price and western factories cannot compete- own goal for 'free market' western imperialists whose economies must now pay inflated prices for all the goods that have tariffs imposed. Tariffs are the action of desperate nations seeking to manipulate free markets which they cannot compete in and thereby those nations LOSE in terms of economic advancement and prosperity. China has won the trade war because it has a cohesive strategy to maximise efficieny and outputs and is less burdened by parasitic rentseeking capital sponsors who in the west own and control government and its policies. China can and does manipulate prices because China controls so many markets as it is the biggest most efficient producer and biggest buyer. Chinas emerging alternative to the USD SWIFT hegemony with its already operational CBDC DCEP potentially signals the beginning of the end for US imperialist hegemony and the rise of Chinas Belt and Road hegemony. Libertarians will choke on their granola as this reality emerges.