China will probably just try to dump their products on to us in Europe and other markets. Its probably good for the world in the long run that Trump actually takes the fight and dont let China keep pushing out subsidised products all over the world.
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China is in a bad position with a lot of overcapacity.
The global recession is killing them far worse than anything we could really do.
The only real thing that will make things much better is localized manufacturing. And that is coming.
US market is still "only" around 400-500 million. They will probably just try to flood their goods to the rest of us.
But yes, more locally produced is what we need. Less reliance on other nations to provide for us.