China is the one that needs to tread carefully here as the world will be looking to become less reliant on them. Time for a better distibution of manufacturing and to bring some stuff home. They want to apply tarrifs respond in kind.
Its inevitable that a weaker china will lash out and imho ww3 will come within a decade if they keep up their attitude.
There will be pain for us but may as well take our medicine now and make the change