icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Trump canceling talks with China just ‘electoral posturing by president in a difficult election,’ Professor Wolff tells Boom Bust

Trump canceling talks with China just ‘electoral posturing by president in a difficult election,’ Professor Wolff tells Boom Bust
US trade talks with China have been placed in hiatus, after President Donald Trump said he doesn’t want to speak to Beijing anymore.

RT’s Boom Bust is joined by the Host of Economic Update, Professor Richard Wolff, to talk about the deteriorating relations between the world’s two superpowers.

“Listening to President Trump explain that he won’t talk to China because of what it did to the United States is a desperate effort to transfer the blame for not being prepared for the Covid virus, for not being able to contain it…” Wolff says.

According to him, everyone believes this isn’t “anything more than electoral posturing by the president in a difficult election, to look as though he can bash the Chinese, rather like he bashed immigrants and others in the past.”

Wolff stresses: “This is not about trade; trade is a hostage held for the election, and most of the players that matter here believe that, once the election is over, none of this is going to be continued very much further.”

For more stories on economy & finance visit RT's business section

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.

Podcasts