More than 50 countries have reached out to the President to begin tariff negotiations

[RazorV66]

 China has the production facilities already in place that will allow it to merely shift its market to other countries; countries which are also now under US tariff pressure and may be looking to "jump ship".

The US (and therefore Walmart, Target, etc.) has, for years, outsourced its production facilities to other countries (ie. China), and will not be able to to replace that production capacity for years.

Never start a war with the enemy who makes your ammo.

China exports over $500 billion worth of products every year to the USA, almost double the next highest country. 
We are their biggest importer.

Don't bite the hand that feeds you.