US does need China's cheap products for daily living but wont allow China own hightech products in its market.
Most US conservatives think China will blink first.
The trade war truce could change that.
The question is if it is a worthy goal to attempt to force US into accepting state of the art technology exports? Yes, it would be a large extra market for companies like Huawei, but it would also reveal sensitive technology.
Would it not be better to only send low end products to US and reveal high tech products domestically and to friends only?
What US conservatives think is not so important. The most important force in the US is the oligarch class, and the 2nd most important the working people. Both of them have lost a lot already, that is why Trump is seeking a truce.