No, Philippines and Australia and New Zealand belong to Chinese sphere of influence if the anglos want Panama and Mexico. If the five eyes object, let them try gunboat diplomacy again, see how they fare this time.What Trump and Xi will negotiate is the establishment of Sphere of Influence zone . For the US the establishment of Fortress America from Canada down to Panama with South America as a neutral zone, for the Chinese the Sinosphere zone and ASEAN with the exception of the Philippines, Australia and New Zealand. Will the US reverse its Pivot to Asia, yes until the next Democrat administration since it was their project under OBAMA. Will Japan acquiescence, yes if China agree for Japan to change its constitute and become a sovereign nation again.
new Morgenthau plan for the Americans, tender the entire continental US as agriculture and natural parks with minimal industry.Case in point, if US want China to let them retain an auto industry, they can put a quota where at least 30% of American GDP must come from farming and 1/3 of US population must work on the farm, if they want China to allow them to maintain access to TSMC, they can commit to banning all development in EV, batteries and solar technology, if they want China to leave them a bone in AI instead of gutting their business with Deepseek, they can promise to cap their semiconductor industry to 1/10th China's size.
The anglos must be humbled for their sins in the past.