US wins trade war?

"When people realize that at the end of the day, the US will prevail, because [China] is a less open economy, because [the US] is a more dynamic economy, that ultimately you may end up in a situation where the US' position in global economic terms is better off," El-Erian said.

We owe the foreigners some 15  trillion or so, the amount of debt they hold.   We have the power of default.