The exchange of tariffs between the US and China have already had a negative effect on the latter’s economy, writes Liz Peek of The Hill. It is particularly vulnerable to these tariffs because it relies heavily on other countries buying its products. Already its currency, the yuan, lost 7% of its value, while the Shanghai Index of Chinese Stocks has declined by 20%. China’s economic growth is slowing while America’s is picking up. Key in the trade war is that the US relies on exports less, leaving it more protected. Investors are losing confidence in China, which the country will likely have to balance out by buying its own stocks.