"Mr. Trump and Xi Jinping are reportedly considering a deal to allow China to invest $1 trillion in the U.S. largely to build factories on American soil.' Trump on verge of making massive error against aides' advice: report"
"That deal would be an unforced error of world-historic proportions, wrote Cass, and Boggioni added a comment that such a deal would be undermin[ing] the very trade agenda [Trump] championed."
"Trump was operating with a fundamental misunderstanding of the relationship between the U.S. and China, wrote Boggioni, because of how the Chinese Communist Party can offer virtually unlimited financial suppo"
A report says President Donald Trump is considering a deal with Chinese President Xi Jinping that would allow China to invest $1 trillion in the United States, largely to build factories on American soil. The proposal is described as being considered against the advice of some of Trump’s closest advisors. The criticism draws on a conservative economist’s argument that such a deal would be an unforced error of world-historic proportions and would undermine the trade agenda Trump champions. The criticism also claims Trump misunderstands the U.S.-China relationship because the Chinese Communist Party can provide virtually unlimited financial support.
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