As the trade war escalates, China will absolutely be paying a higher price. President Trump says China tariffs have given the U.S. government billions of dollars in new revenue. But in a roundabout way, China is "paying" for tariffs. They are not paying the port duties, but they are paying the price in this trade war in more ways than one. The other way China is paying for the trade war is (possibly) losing its role as the go-to nation in the global supply chain.

Source: Forbes May 17, 2019 17:05 UTC