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China-U.S. Tariff War Will Escalate, Says Ex-Trade Negotiator

  • Trump’s assumption jobs will return to U.S. simplistic: Cutler
  • Negotiated settlement seen eventually after both end up hurt
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The trade dispute between the U.S. and China will continue for the foreseeable future and escalate, and is going to be painful for Americans, according to a former U.S. trade negotiator.

"For the foreseeable future, we’re going to be in a tariff world and we’ll see escalation," said Asia Society Vice President Wendy Cutler, formerly a negotiator at the U.S. Trade Representative. "We’re in for a long-haul with tariffs, but eventually there will be a negotiated solution as both sides will end up hurting too much as this tariff war escalates.”