The U.S. is currently in a trade war with China. Discuss the effects of this. That is, based on your readings from the course and current events (please omit your personal political leanings or any overtly political commentary), what does economic analysis say about the effects of trade restrictions? Who are the winners and losers? How would you expect producers and consumers to react to this trade war? What are the likely domestic effects on employment and wages? What policy remedies are called for?