Trump sums it up for us here in this statement:
Trump,
“They are under pressure to make a deal with us. Our markets are surging, theirs are collapsing. We will soon be taking Billions in Tariffs & market products at home. If we meet, we meet?”
“We will soon be taking Billions in Tariffs”
10% tariffs on all Chinese imports, would produce about $50 billion in new annual revenue for the treasury (double the projected wall cost).
Make China pay for the wall, and try to get reimbursed from Mexico.
But seriously, those tasty revenues will develop their own constituency, just as now there are Americans whose bread is buttered through selling out America to China. The balance of forces will shift, along with the money flows.