I agree that the best solution to the trade imbalance is to increase trade in such a way that more American products are purchased in China.
Believe me, the Chinese want this.
Believe me, the Europeans do not want this.
In fact, the trade arrangements that China has with European nations specifically require tariffs on competitive products; which is USA products. The sticking point and the biggest issue in all these USA - China trade talks is what to do with all the web-of-trade restrictions that the EU and their sister states have negotiated with China.
I would like to believe what you say.
I really would.
However, it really does not appear to be true.