United States  

Trusted News Discovery Since 2008
One News Page
One News Page United States > News Videos > When Newt Gingrich Thinks We'll Get a Trade Deal

When Newt Gingrich Thinks We'll Get a Trade Deal

Video Credit: The Street - Duration: 01:51s - Published < > Embed
When Newt Gingrich Thinks We'll Get a Trade Deal

When Newt Gingrich Thinks We'll Get a Trade Deal

Following the news that China's economic growth was slowing, what should U.S. investors be thinking when it comes to the U.S.-China trade war?

Newt Gingrich, a former Speaker of the House, sat down with TheStreet to discuss whether or not he expects a trade deal in the coming months.

Gingrich also explained his current thoughts on the trade war.

"Well, I think that President Trump understands that if you're the biggest customer, you have an enormous advantage.

No rational company picks a fight with his biggest customer because it's the customer ultimately has the pocketbook," explained Gingrich.

"And I think that Xi Jinping didn't quite realize that so much of China's growth had been dependent on American generosity and American willingness to allow the Chinese to break the rules.

And now he's discovering, I just saw an article this morning about how many different products are now moving to the Philippines or Vietnam or Thailand and you're seeing supply chain shift out of China, uh, in a way that the president has said openly, if they don't get a deal, pretty soon they're going to find that they are permanently a smaller part of the world supply chain." Watch the video to find out more about when Gingrich expects to see a trade deal.

China-U.S. Trade War About To Get Uglier


You Might Like

Tweets about this

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2020 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.