A potential US-China trade war looms, with President Trump threatening over 100% tariffs on Chinese goods. China vows to fight back, escalating the conflict. Last year's bilateral trade totaled $585 billion, with the US importing significantly more. Increased tariffs will raise prices for American consumers on goods like smartphones and electronics, while impacting Chinese consumers as well. Beyond tariffs, both countries could restrict access to vital materials and technology, potentially harming global supply chains and impacting other nations involved in trade with either China or the US.