Exactly. Trade is only 10% of the US economy. And Mexico, not China, is our biggest trading partner. We have already won the trade war with China. You notice no prices on Chinese goods at Walmart have gone up. If we get a deal with China we will have protected out exports and our intellectual property. If not, companies will continue to exit china for neighboring countries not subject to the tariffs and continue to sell us cheap goods. The US holds ALL the cards.
Also the only US people this hurts is multinational companies and businesses making crap in China.
And China is subsidizing their exit from China by devaluing their currency. This gives those companies time to find a new place to build their stuff while the US consumer continues to enjoy stable prices.