This analysis argues that the US-China trade war is escalating, hurting both economies, with a focus on the negative impacts on the United States. The author contends that US consumers face rising prices and potential product shortages due to disrupted supply chains and tariffs, while Chinese exporters are less dependent on the US market than perceived. Furthermore, the text highlights the weakening US dollar, partly driven by Chinese exporters converting their dollar holdings, and criticizes White House officials for what the author sees as misguided policies and a willingness to risk economic stability.