‘China Is Really Worried’ About Trump’s Trade Negotiations With Other Countries: Gordon Chang

On "Forbes Newsroom," author and U.S.-China relations expert Gordon Chang discussed China's reactions to Trump's negotiations with other countries.

Transcript

00:00What will work and what timeline do we have? And what do you want to see in said timeline? I mean,

00:06there are a lot of questions here up in the air. Yes. Well, I think that, you know, people have

00:12said, and I think that it's true, that Trump's grand strategy was to stitch together trade deals

00:17with traditional trading partners, friends like Japan, Vietnam, Italy. We saw the Italian Prime

00:24Minister, Giorgio Maloney in the Oval Office, EU, other countries. And the idea would be to redirect

00:32trade flows away from China. You know, Beijing was really upset. On Monday, it said that it would

00:38retaliate against countries that were cooperating with the United States to box out China. So I

00:44think China is really worried that Trump will be successful. And we have to remember, there's a lot

00:50of cards President Trump has in his negotiations with others. About 38, 39% or so of the global

00:57consumer spending is by Americans. That's an enormous percentage. And that gives the president

01:04very big leverage in his discussions with others, because everybody needs to sell to you and me.