While there are obvious differences of opinion among Trump’s closest advisers, Trump appears to be heading towards a spheres of influence deal with the Chinese. In some respects, this would resemble the world during the Cold War. Would such a world be more stable? Would it work better for America?
There would be issues. It is unlikely that either America or China would be willing to give up all of its interests in the other sphere. There would be ferocious competition for influence in the non-aligned areas, such as Europe and India. Finally, the boundaries of the spheres would be in dispute. Australia, for example, is aligned geographically with China, but culturally with America. Who would prevail there?
Not to mention the fact that many of the new vassal states would resist that status and struggle for independence. The logical outcome of this approach is the development of nuclear weapons in Europe, Japan, and South Korea.