It would seem logical that the first step would be to adjust our balance of payments so that it isn't going to cause another destruction of the value of the US dollar.

As far as China is concerned, the monetary scale needs to get back to center-balance. That can be accomplished by volume tarriffs meaning that after a certain dollar-value of imports, any others are tariffed to prevent the flooding of the market with goods so cheap that the domestic and other goods cannot compete.

NAFTA gets a bad slam, but the intent of developing the Mexican manufacturing industry - so that their workers stay there instead of being illegal immigrants here - is a good one, and well within our national interest.

That's a start.