Trump is winning the trade war against the world

Trump has done little in terms of foreign trade, yet he has frightened China, Germany and other exporting countries to discipline themselves. Almost all the currencies have lost worth vis-à-vis the mighty dollar. CNBC  estimates that the external debt of 205 countries is $76.9 trillion in dollars. A 1 percent increase in the cost of debt results in a need to increase interest payments by $769 billion dollars. A 2 percent increase, which is close to what has been the rise in the effective Fe Funds rate, if spread globally, would force nations to increase their payments by $1.5 trillion. To the USA. What are the tariffs on 200 billion dollars on China imports? Peanuts.