Trump would be foolish to start another bruising trade war with China: expert

06/24/2020

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Brian Sozzi | Yahoo Finance

President Trump may have no choice but to play ball with China on the trade front — his re-election come November could hinge on it.

“Yes it probably does largely because President Trump wants to keep it,” said well-known China expert Gordon Chang on Yahoo Finance’s The First Trade on whether the trade deal between the two countries would survive into year end. For Trump, it’s more important to keep his base happy into the election as opposed to igniting another trade war with China, suggests Chang.

“Also you have powerful constituents that want to keep it. The farmers, of course, and manufacturers. China has been meeting its commitments to buy manufactured goods until the Hawaii meeting between Secretary of State Mike Pompeo and the counsel. So this is something where you have people in the U.S. who want this deal in place,” Chang added.

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