China has most to lose in trade war
Since they have such a huge trade surplus with the US they have more to lose in a trade war. They would be better served to treat American goods more fairly in order to get access to US markets. While some US companies outsource production of products to China, there are alternative sources for many of these products such as Taiwan. That country produces a lot of woodworking tools that are sold in the US. Some American consumers were already wary of buying high ticket items made in China. I suspect that the big box stores will be looking for alternative suppliers.