Nobody's "ripping us off." We get inexpensive goods from China, they get paper they have to use to buy stuff from us. Works out for everybody. As I've explained to you before, trade deficits are a sign of American strength, not weakness.
Trump will never enact tariffs because Congress won't let him. And his tax plan is DOA.
NAFTA can't be renegotiated without the consent of the other partners. And they won't consent.
US China Trade Deficit: Causes, Effects and...
http://useconomy.about.com/od/tradepolicy/p/us-china-trade.h...
The US trade deficit with China is the largest in the world, and a sign of global economic imbalance. Here's its causes, effects and ... Updated March 16, 2016.
The U.S. trade deficit with China was $365.7 billion in 2015
This is a new record, up slightly from last year's record of $343 billion.The trade deficit exists because U.S. exports to China were only $116.2 billion while imports from China hit a new record of $481.9 billion. The deficit keeps growing because imports are rising faster than exports.