Trump's long game is to squeeze China and cripple their economy to bring them back into line at best and a full-blown collapse of the CCP at the worst (or best depending on your POV).
He's leading by starting a fight and upping tariffs over IP issues. Germany are beginning to follow despite their cuck status as a world economy.
China have sanctioned large-scale IP theft, hacking, indebting small countries (through their Belt Road Initiative) with massive loans (in the style of Economic Hit Man). The CCP are well aware their long-term demographics are cactus - birthrate of 1.4, and will eventually see economic decline along with political instability.