The rest of the world, especially Eastern Asia and Africa, is just as tired of being ripped off by the Chinese as the US is, and are very anxious to become trade partners with the US. 195 countries are in talks right now. You can see this reported in several News YouTube channels from that region. The Democratic Republic of the Congo is a good example the Chinese have plundered its natural resources for decades. The Congo is a prime source of China's rare earth metals, timber, diamonds, etc. Félix Tshisekedi, President of the DRC, wants, China out, and the United States to take over the DRC's natural resources. The US plays fair.
China is being backed into a corner.