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Bannon: Why Trump Will Never “Back Down on Trade War” | The Mesh Report

Bannon: Why Trump Will Never “Back Down on Trade War”

the Mesh Report Staff May 15, 2019 Comments Off on Bannon: Why Trump Will Never “Back Down on Trade War”

President Trump has dug his heels in when it comes to the trade war with China, and according to his former adviser Steve Bannon – there’s “no chance” Trump will back down, according to CNBC.

“China has been running an economic war against the industrial democracies for 20 years,” Bannon said, noting that previous presidents – Clinton, Bush and Obama – all ‘blinked’ when it came to trade with China, adding “Trump didn’t blink.

Under Trump, Washington has taken a tougher stance on China compared to previous presidential administrations. In addition to disputes around trade and the alleged Chinese theft of U.S. intellectual property, American intelligence chiefs expressed their distrust of Chinese tech giant and Apple rival Huawei as well as Chinese telecom company ZTE.

The standoff with China “cuts to the core of what the United States is going to be in the future,” Bannon said in a “Squawk Box” interview.  “We have all the cards.” –CNBC

Continue Reading at Zero Hedge

Photo: “Steve Bannon” by Gage Skidmore is licensed under CC BY-SA



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