Not really.
China likes tarrif free trade and predictable policies.
Things being bad for the US does not automatically make them good for China.
Things being bad for the US may not automatically make them good for China, but this is a scenario in which it is incredibly advantageous for China. China's strategic interest is in an economically and politically isolated US, so it has a free hand to develop and move into rapidly-developing economic southern markets -- South America, Africa, the Middle East, and southern/southeastern Asia. Dedollarization is a linchpin of China's strategy, and the US declaring economic war on itself on every conceivable front does nothing if not incentivize those selfsame countries to liquidate dollar reserves, and start holding and trading in yuan. A sudden dollar glut in the vein of tens or hundreds of billions re-entering the global currency market is an economic shock the US cannot survive with its current fiscal and monetary policies, and that's exactly where we're headed right now thanks to the uncertainty around Trump's stupid-ass tariffs.
Where are LDC's going to go for aid now that USAID and other humanitarian programs have been all but ended? In which country's currency is that aid going to be, and where are those countries going to spend that currency for development programs? What a lot of folks are missing is that, like the Marshall plan, US global humanitarian aid props up the US economy -- that aid goes out in dollars and domestically-produced and -purchased commodities, and in the form of US-educated experts sent abroad, and what does go back out tends to come right back to us for commodities, goods, and services. The only other country with the economic capacity to rival the US in global humanitarian aid is China -- the EU used to be number two, but in the last couple years China has massively ramped up what was already a rapidly-growing humanitarian aid mission.
In other words, it may take a decade or so to play out, but Trump handed the next century of global hegemony to China on a gilded plate.