Who’s the winner in Trump’s trade war on Canada and Mexico? China, according to one expert. - MarketWatch
1. Tariffs on Canada and Mexico will reduce U.S. economic growth and jobs. 2. China is expected to benefit from the U.S.-Canada-Mexico trade conflict. 3. New tariffs complicate efforts to move supply chains from China to North America. 4. Automobile manufacturers received a temporary reprieve from new tariffs. 5. Increased tariff rates on Chinese imports are now set at 20%.