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Graphic Truth: Who Wins From A US-China Trade War?

If the US and China lurch into nastier trade war, it would be bad for both of their economies. But some countries would actually stand to gain, at least in the short term, as trade flows between the two largest economies are diverted elsewhere. Here's a look around the globe at which countries would be the biggest winners and losers.

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TOKYO, JAPAN - FEBRUARY 8: Japan's Prime Minister Sanae Takaichi, leader of the ruling Liberal Democratic Party (LDP), places a red paper rose on the name of an elected candidate at the LDP headquarters on general election day on February 08, 2026 in Tokyo, Japan. Voters across the country headed to polls today as Japan's Lower House election was held.
Photo by Kim Kyung-Hoon - Pool/Getty Images

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