Building on Bannon’s argument, Bass — a known China bear, who is also the founder and chief investment officer of Hayman Capital Management — claimed that large American companies are the ones pushing U.S. President Donald Trump to conclude a trade deal with China.
The U.S. and China, the two largest economies in the world, were engaged in a tariff fight that threatened to derail global economic growth. Both sides have held back further tariff hikes in a bid to negotiate a trade deal.
“If you look behind the scenes, it is corporate America pushing Trump to do a deal. And it is the corporate American chieftains that have their biggest businesses, let’s say most growth, coming out of China. And China plays that card. They play it better than anybody else,” Bass told CNBC’s Sullivan.
“They open a market to very specific people to basically court influence with that person and going … into the presidential office to actually change policy,” said Bass.
from Viral News Updates http://bit.ly/2Vy5Ai8
0 Comments