Trump on China: "You’d save $500 billion if …

Hi everyone, I wanted to send out my thoughts on President’s Trump comments this morning about the US-China relationship. I will follow up later with a normal newsletter. Several of you wrote to me yesterday that you thought I was being overly pessimistic about the prospects for the US-China trade deal, and that more likely President Trump is putting on a show but has no intention of actually pulling the trigger.

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