First of all, Trump is nothing more than a clown. I doubt he will get to create more jobs within the US. It's just a loud mouth. But just to answer your main point; More demand from China is a good thing for the short term, but it will also give the Chinese government far more incentive to tighten the regulations even further. They will do everything to prevent the average citizen from using Bitcoin as an investment/store of value tool, where they potentially can get a big part of their wealth out of the country. That's China's main concern.