While speaking on CNBC’s The Exchange, US President Trump’s outside China advisor and the director for the Center for Chinese Strategy at the Hudson Institue, Micahel Pillsbury, said that he didn’t expect a breakthrough in trade talks with China in the short-term.
“Over the last 45 years, a lot of American presidents have negotiated with China. And there are some patterns to what has gone on. One of them is that the Chinese prefer to make a last minute deal, to get the best deal they can. So I am not among those who think there is going to be a breakthrough in the next few days,” Pillsbury explained.