Well, he's done it again. During the campaign, Trump said that China was a currency manipulator, and that they were "raping our economy". Then, in April, he met with Xi Jinping, and decided that China was not a currency manipulator, and that they were instead our friends working with us on North Korea. Then, in early July, Trump switched sides again; he complained that China was not, in fact, working with us on North Korea, that they were not in fact our friends, and that he was going to start a trade war with them. Now it's August, and just as Trump's team had prepared an announcement for how they were going to commence punishing China by going after its trade agreements with the US, they've backed down: But on Thursday afternoon, senior administration aides postponed the announcement at the urging of United Nations and State Department officials, who are in the sensitive final stages of convincing China to sign on to a U.N. resolution that would impose new sanctions on North Korea. U.N. and State Department officials warned that the trade announcement could kill their chances of winning Beijing’s buy-in, according to the officials. http://www.politico.com/story/2017/08/04/trump-china-trade-north-korea-sanctions-241348 So yeah, we're now back to "China is helping us on North Korea, and their trade practices are not a problem for us."