And the other part of this is Trump was correct... that there would be short term pain but in the end things would be way better. Unfortunately that is the situation for China, not the US. If China is smart they will use this trade war fiasco to break away from living off cheap exports and importing high tech parts like Nvidia AI devices and work to stimulate consumer demand and work even harder to develop home grown equivalents to our best tech. If that happens, China will indeed become the world's dominant economy and "empire".
Very likely Trump doesn’t understand any of this.