"If jobs and wealth are the metric for 'winning the trade war,' China, not America, will emerge the victor," says Mary Lovely. Her article "How China Wins the Trade War" was published in the New York Times. Lovely says China will win because "it is playing this game more skillfully." "The tariffs imposed by the U.S. will mostly be paid by American companies and consumers," she says, "while China is retaliating with moves that soften the blow for companies in China, including those that are foreign-owned." 08/09/18