It seems to me, that President Trump has already determined that one of two parties who will ultimately be the winner is, as countries go, is the United States, the largest importer of goods--and the other, is China-- the largest exporter of goods (from Google's AI analysis).
Currently, the United States along with the other nations, are involved in making deals with trading partners to determine the "balance" between exports and imports with another trading nation in the context of all nations. August 7, 2025 is the start of deals-in-force among those nations that have agreed upon a figure that applies to their situation with said trading partner.
We know one stipend of the winner to this war (as the business world stands today): It will be either the United States or China. And, even in this regard, the two countries, the United States and China, will come to be trading partners, with duty percentages levied upon a particular item being exported by the one and imported by the other, as expressly stated in a mutually drawn-up agreement.
My understanding.
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