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This was just.. what? A fit?
I think he genuinely thought China would immediately cave and he could score an easy deal off of them.
It's the Art of the deal in full display.

Or in plain English, he's weak and incompetent and he folded.

let's see who bend the knee first
Looking forward to the next chapters. Let's see if Trump dropping some of the tarrifs will make China drop some too.
I wonder if China will drop its restrictions, such as on the export of rare metals, even if he would lower the tarrifs to zero.
Very much declaring victory while admitting defeat, here. Did anyone ever suggest it would be zero, Donald? Was it zero before?