The two things the current administration seems focused on are trade deficits and China’s theft of intellectual property.
Balance of payments will never be close to equal. For as far as the eye can see into the future, China will be able to provide cheap goods to US consumers and the US will never be able to match that with the value of goods and services we provide to them. That is simply an economic fact of life and all the playing around with tariffs won’t change that.
Neither the US nor the rest of the world have been able to devise any way to stop China’s intellectual property theft up to this point and there is no reason to think we will be able to do that in the future.