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Kyle Bass, Bannon Urge Trump To ‘Play Hardball’ In China Talks

Kyle Bass, Bannon Urge Trump to ‘Play Hardball’ in China Talks
1st working after inauguration. President Donald Trump signing executive orders, among those one known as the “Mexico City Policy”. Vice President Mike Pence on the left and Chief Strategist Steve Bannon on the right

Longtime China bear Kyle Bass and former Donald Trump adviser Stephen Bannon called on the U.S. president to walk away from trade talks with Beijing to achieve better terms later, accusing Wall Street and U.S. corporations of working on behalf of China’s Communist party.

“Corporate America is the lobbying arm for the Chinese Communist Party, and Wall Street is the investor relations department,” Bannon said at a conference Thursday at Manhattan’s St. Regis Hotel. “I think we gotta walk away from this right now, we gotta start playing hard ball, smashmouth,” he said, referring to the trade talks between the U.S. and China…

To read more visit Bloomberg.

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