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January 14, 2019

Trump's Stock Market Fears Fuel U.S.-China Trade Talk Progress

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After meeting with U.S. officials in Beijing this week, China is in turn expected to send delegates to Washington for continued trade talks.

IPI’s Dr. Merrill Matthews joined a panel on CGTN’s The Heat to discuss whether these meetings are laying hopes for a resolution on trade.

“All you really need to know about this: We saw a report earlier this week that Trump wants an agreement with China because he thinks it’s affecting the stock market,” said Matthews. “And he sees the stock market as a proxy on how well he’s doing. He loves to be able to go out and say, ‘The stock market’s doing great. It shows how well I’m doing leading this country.’”

“The stock market has been tanking the last few months in part because of China trade concerns. If Donald Trump is on board, we will probably get an agreement sometime soon.”

View the full discussion on CGTN online here.

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