Comment by rstuart4133

> The US loses the most however, both economically and in soft power.

Yes. It loses most because 10-20% of world trade is for value added in the USA. The one exception is the USA of course, because their percentage is 100%. So USA is 100% effected, the rest of the world is 10-20% effected as they continue to happily trade with each other without tariffs.

I dunno about everywhere else, but in Australia the effects are already noticeable. Trade with the USA is dropping, and trade with Canada is growing.