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  • 00:00QUICK WIN -- I THINK HE WANTS TO GET A QUICK WIN OUT OF JAPAN AS OPPOSED TO CHINA. PAUL: IT COULD COME AS SOON AS THE END OF MAY WHERE A SIGNING CEREMONY IS PENCILED. DO YOU THINK IT WILL GO AHEAD? LANHEE: I DO BECAUSE OF THE ISSUES WITH THE CURRENT ACCOUNT DEFICIT HAVE BEEN MORE EASILY SOLVED. THERE ARE LONGER QUESTIONS THAT ARE MORE STICKY AND WILL NOT BE PART OF THIS DEAL. GIVEN HE IS GOING INTO EVERY ELECTION CYCLE, IT IS CRUCIAL FOR HIM TO HAVE A DEAL WITH CHINA. IT IS CRUCIAL TO MARKET THAT TO CONSTITUENCIES AND CRUCIAL FOR HIM TO HOLD THAT OVER THE HEADS OF DEMOCRATIC PARTY CHALLENGERS. POLITICS FAVOR A DEAL AND THAT IS WHY HE IS PUSHING TO GET THAT DONE SOON. SOPHIE: WITH JOE BIDEN COMING INTO THE RING, HE MIGHT ALSO LOOK TO TRADE RELATIONS AS A MEANS OF GARNERING SUPPORT AWAY FROM TRUMP? LANHEE: IT IS POSSIBLE. VICE PRESIDENT BIDEN WAS PART OF AN ADMINISTRATION WITH OBAMA THAT FAVORED CONSTRUCTIVE ENGAGEMENT WITH CHINA THAT HAD A TRADITIONAL APPROACH THAT OTHER PRESIDENTS HAVE TAKEN. VICE PRESIDENT BIDEN WILL HAVE TO DEAL WITH THAT RECORD. HE IS ENTERING INTO AN ELECTORAL CYCLE WHERE BEING AGGRESSIVE IS POPULAR INCLUDING IN STATES LIKE PENNSYLVANIA AND WISCONSIN WHICH ARE MANUFACTURING STATES. HE WILL HAVE TO WIN IF HE WANTS TO BEAT PRESIDENT TRUMP IN 2020. THE QUEST IS DOES VICE PRESIDENT BIDEN HAVE -- AS A CANDIDATE BREAK FROM WHAT HE SAID IN THE PAST IN TERMS OF HIS ROLE AS THE VICE PRESIDENT, OR DOES HE STICK TO THAT LINE AND TAKE A MODERATE APPROACH? POLITICS FAVOR THE AGGRESSIVE LINE GIVEN HIS LIKELY OPPONENT,
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Crucial for Trump to Have a Deal With China, Hoover's Chen Says

  • Bloomberg Daybreak: Australia

  • TV Shows

April 28th, 2019, 11:31 PM GMT+0000

Lanhee Chen, director of domestic policy studies at the Hoover Institution, talks about the trade negotiations between the world's two largest economies, and the implications for the U.S. presidential election. He speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)


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