You know that the WTO agreements allow the imposition of an import tariff in the face of chronic trade deficits.
I suspect President Trump is going to use that to renegotiate the trade deals and/or to fund his tax cuts.
No, I did not know that. I do know that the WTO permits tariffs as sanctions for dumping and whatnot, much like it permits retaliatory sanctions. Something that Pres. Trump would be wise to consider.