Listen: China, President Trump And US discussed on Bloomberg Daybreak: Asia
"I'm sorry about that on US giant the trade deficit widening to a ten year high in twenty eighteen and the deficit with China increased to a record bad news. Well, depends on who you speak with Karen Murphy is the CIO at United capital. She told us earlier the widening deficit could be a good sign for those hoping for a U S China trade deal. So in some ways that you know, it's a little counter intuitive. But I would see this almost as a positive because I think it's more likely that Trump and she actually come to terms with an agreement. So we were told that President Trump is pushing his aides for a trade deal because he's very aware that a lack of a deal could be bad for the equity market, however from the Chinese side, former finance minister Lucho way says don't expect anything big in the way of concessions from Beijing. Meantime, a US industry group the one for the kitchen and bathroom cabinet maker says they have filed a case against a trade case against. China the largest one ever this is the American kitchen cabinet alliance."