US president Trump seems to have been on a warpath with China. Political analyst Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®
The Chicago Tribune:
A downturn in ties was effectively announced on Twitter on June 20, when Trump declared that China’s pressure on North Korea had “not worked out.”
Arthur Kroeber, managing director of Gavekal Dragonomics, a consulting and research firm, said Trump may have miscalculated, too.
“The basic deal Trump thought he offered Xi at the Mar-a-Lago summit — a light touch on trade in exchange for more cooperation on North Korea — was absurdly unrealistic, given China’s obvious unwillingness to change its North Korea policy,” he wrote in a client note
But Kroeber said he still did not expect Trump to embark on a “stupid and self-defeating trade war” with China.
“The more likely outcome is that he will settle for largely symbolic actions” that will “do little to change trade flows but enable him to crow to his political base that he has got tough with foreigners who are cheating Americans out of production and jobs,” he wrote.
Arthur Kroeber is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers’ request form.
Are you looking for more political analysts at the China Speakers Bureau? Do check out this list.
Related articles
