While there is a concern that the trade dispute between the United States and China could escalate, Larry Lindsey, former economic advisor for President George W. Bush, told CNBC Tuesday he thinks that unlikely to happen.
Donald Trump and China’s President, Xi Jinping, to ?쐄ind a way out of this./p>
?쏽ou start with a baby step,said Lindsey, who served as director of the National Economic Council from 2001-2002.
?쏷here likely to be at least a cease-fire coming pretty soon. We?셱e not going to ever remove every issue with China. But I do think we may see people back off pretty soon,he said on a href=”/power-lunch-cnbc/”>Power Lunch./p>
Shannon Stapleton | Reuters
A farmer fills seed planters with soybean seed in Gideon, Missouri.