An analyst expressed the view that it is better for China to settle the trade dispute with President Trump as they will find it more difficult to deal with a new Democratic president. I remembered that this view was expressed in CNBC or Bloomberg.
I disagree with this view.
President Trump has been erratic and unreliable and goes for a lose-lose situation. Even if there is an agreement, he will likely change his mind on any new development.
Any other president, even from the Democratic side, will act more sensibly and look for a win-win situation. They will help to bring jobs back to America without causing disruption to the global supply chain. It can be done, and China will probably agree to a reasonable arrangement.
I disagree with this view.
President Trump has been erratic and unreliable and goes for a lose-lose situation. Even if there is an agreement, he will likely change his mind on any new development.
Any other president, even from the Democratic side, will act more sensibly and look for a win-win situation. They will help to bring jobs back to America without causing disruption to the global supply chain. It can be done, and China will probably agree to a reasonable arrangement.
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