Just so nobody gets their panties in an entire twist, the alleged "tarriff war," between China and the US aka Trumpistan is total B.S. If the Chinese wanted to take down the US economy they could do so in a NY minute by selling off some of the US T Bills of which they are the biggest holders on the planet. Of course, they depend on the US dollar's stability and the subsequent crash would screw them too. But don't take any this too seriously, unless you happen to be a farmer, a wall street trader or a government employee.
sorry that was supposed to be UNDERLINE, but whatever
It appears that Team Trump is doing so very well on this front that they've triggered a selloff in Treasuries b/c they've rattled confidence in the "full faith and credit" of the US government as indicating a safe haven. They're "strong dollar" in the sense of weakening the rate. They claim they don't care about equities but if these lasts much longer it'll trigger a fire sale of private-equity shares and then what. The collapse of alts will take down most of the "institutional investor" space (pension fund and endowments). So yeah, no worries.