Dec.18 -- President Donald Trump is heading into an election year touting a trade deal that promises to double U.S. exports to China, which he says has pledged a $200 billion, two-year spending spree on everything from airplanes to pork chops and chicken feet. Yet the inescapable reality is that even this extraordinary splurge -- if it happens -- may not make up the economic cost of the trade war it seeks to defuse. Shawn Donnan reports on "Bloomberg Daybreak: Australia."
Trump’s China Buying Spree Unlikely to Cover Trade War Costs
Dec.18 -- President Donald Trump is heading into an election year touting a trade deal that promises to double U.S. exports to China, which he says has pledged a $200 billion, two-year spending spree on everything from airplanes to pork chops and chicken feet. Yet the inescapable reality is that even this extraordinary splurge -- if it happens -- may not make up the economic cost of the trade war it seeks to defuse. Shawn Donnan reports on "Bloomberg Daybreak: Australia."
0 Comments