I am all for equitable trade. The Chinese, like my ex-wife, have their own definition of what is ‘equitable’.
The reality is that the Chinese were not really buying that much American farm produce in the first place which is one of the reasons our trade was so out of balance.
Also, the economy has changed significantly. For example, American cotton farmers are suffering as a result of the textile industry moving from the Southeast States to Southeast Asia. Now, American cotton with shipping costs added has to match the price of Australian cotton with far less transportation costs. Yes, it is very tempting to just let the farming industry die if it cannot compete.
However, we should think about the full consequences of that which we plan to do before we do it. Do we really want to be dependent on other nations for our food?
Or electronic components for our financial institutions, as well as the military?
It wasn't that long ago when the company that was to supply Amazon with system boards for their servers (the AWS systems, not just their order processing,) were compromised by the Chinese. While the design of the system boards was by an American company, the manufacturing was contracted out to a Chinese company. During testing, it was found that the manufactured boards had additional components and circuits not in the original specifications, which would send information to servers in China, and could also be used to remotely control and shut down the servers, had they not been thoroughly tested. The original component was a microchip about the size of a grain of rice. Later revisions of the board (which are created with multiple layers) had the additional components inserted within the layers inside the board, so there was no change to the board layout.
The same company was going to supply servers to Apple as well as other major IT service companies. The Chinese government/military had compromised the system to allow remote control of those servers, which could have been a disaster for any companies using them, including the DoD.
Mark