People talk as if the US has legitimate gripes against Chinese behavior on trade. That would be true if China didn't have legitimate gripes about the US. Everything complained about China Trump says US allies are just as bad. Do you see anyone telling how US allies are on the path to nowhere? The US complains about trade deficits yet has restrictions on selling to China technology they can't produced or cost more to do it themselves. Meaning the only things that China can buy from the US is stuff China can make for themselves and at a cheaper cost. The trade deficit is of the US's own making. The US is on the path of unreasonable expectations. The lesson learned is not about playing fair. It's having the advantage over the other. The truth is the US and its corporations take advantage of cheap labor in China so they can make more money than they would any place else. Outsourcing is misrepresented in US trade figures. China doesn't profit from over 60% of products exported to the US that are sold to consumers. Trump is not calling for reducing trade with China to balance trade. He demands China buy more from the US to make up for a fictional trade deficit meaning the US makes more off a lie. The laws of supply and demand are capitalist principles. Trump demands China buy stuff Chinese don't need. If the US is too afraid of selling technology to China they won't be able to control what China does with it, that's the US's problem. Not China's. They want to have it both ways. Now they not only want to prevent China from having that technology. They expect China to commit to not developing it for themselves either. Yes and let's not forget they accuse slave labor yet fully exploit it for themselves.
This is quite true. One good example is the iPhone. The Chinese get, what, $6 USD for building what sells for like $600 USD in the USA and worldwide. It's the Nike business model. These global corporations have more money than some nation states stashed in offshore accounts. Then they use that money parked abroad as collateral for loans they contract in the USA. They use that to pay salaries or, worse, do stock buybacks to reward mostly the managers and financiers. They do this instead of repatriating the money to avoid taxes. Then the banks implode (surprise) and the tax payers bail them out. This is the largest transfer of wealth in history and blaming the Chinese for it is just inane. They are as much victims of this as everyone else.