This edition: Does a Trump Trade War with China Make Any Sense?
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Original tape date: November 14, 2016. First aired: December 5, 2016.During the campaign, President-elect Trump evoked seething anger among working class Americans, claiming that China had stolen American jobs, and had cheated on trade in the global economy. His answer was to impose a 45% tariff on China made goods imported into the United States, which would surely invite retaliation. Former Undersecretary of State for Economic Growth Robert Hormats tells Jim Zirin that our economic relations are so intertwined that a China trade war would be only counter productive.
Guest List
Robert D. Hormats Kissinger Associates
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