US/China trade war back on track

Just as President Trump is buddying up with North Korea, the US relationship with China is about to tank again. On July 6 the US will officially introduce tariffs on Chinese goods entering the country.
The $50 billion of tariffs have been discussed in great detail over the last couple of months, the world is of course taking advantage of the always reasonable, consistently proportional and often timid US, so the news should come as little surprise. What we don’t know is how big this spat w