If this was aimed at fighting China, Trump wouldn't be tariffing 99% of the rest of the world.
China has the upper hand because USA has turned against all its allies and countries will favor trade deals with the country which is not tariffing them. China will form stronger trade coalitions with the Japan/Korea/Europe and leave America to cannibalize itself.
China has the upper hand because USA has turned against all its allies and countries will favor trade deals with the country which is not tariffing them. China will form stronger trade coalitions with the Japan/Korea/Europe and leave America to cannibalize itself.