This situation is the result of the world economic order ruling during the last decades, which started after World War II. What we are witnessing this week with the "tariffs war" is just the catalyzer of the final capitulation of the US as the strongest world nation.
The change will hurt some countries, industries, companies, and citizens. But it is also true over the months, little by little trade flows and consumption habits will change and most of the present paint will disappear. Trump administration, with its personal ego to show the world he is the "king" is only speeding up the process.
It is hard to see how we will probably enter a new world stage, the same way it is hard to see it when you are being abused, but eventually it comes and it only reinforces yourself after your dependencies have disappeared.