President Donald Trump over the weekend said there will be no deal with China made unless the trade deficit of over $1 trillion is first resolved. Beijing will face a 34% reciprocal tariff in addition to the 10% baseline imposed on all listed nations. And as the trade fight escalates, China fired back with 34% increase on all U.S. goods and Trump has threatened to impose an additional 50% tariff on all Chinese goods.
FOX’s Eben Brown speaks with Gordon G. Chang, expert on China and author of the book 'Plan Red: China's Project to Destroy America,' who says China's economy cannot handle a trade war right now but Beijing will try to wage a fight.
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