What president Trump is doing is a long overdue China reset. America has been in a fever dream, gutting it's middle and working class and building up China's. Remember, China is a communist country of 1.3 (ish) billion people. America has not just allowed them to become an economic superpower, they enabled it. They facilitated it. If the path the global economy was on had not been intercepted, America's decline would become inevitable, and China's rise to preeminent superpower would also be.
Remember the Chines Communist Party are belligerent, aggressive and evil actors with a facade of fair minded global players. What president Trump has done was 100% necessary. So how is it working?