Well a deal with China to sell more commodities to China in exchange for opening up of imports from China of finished goods seems like you know, the thing that Russia is doing? Trump wants to turn US into farm land and mine for China? Seems like an okay deal to me, normally countries have to be squeezed into accepting that sort of arrangement.
Nah, thing is China does not need American commodities, which it can get from Russia, and more importantly China does not need USD to trade with Russia. Unless Trump also accept RMB payment, which he wont, it makes no sense.
US on the other hand is critical dependant on Chinese imports, regardless if Trump knows it or not (I suspect he does since Elon does). The bluff has been called years ago.
At end of the day Trump might be open to seeing America as China's equal, but America is not China's equal, and China does not see America as China's equal. More importantly, based on everything Beijing has done so far in term of export controls and export rebate removals, China no longer has any interest in co-existing with the US.
Trump's options are really between submitting to China's dominance, or die fighting. Personally I prefer the latter.