Trump could do to China what Reagan did to Soviet Union, if he wins second term, economics professor tells Boom Bust | WHAT REALLY HAPPENED

Trump could do to China what Reagan did to Soviet Union, if he wins second term, economics professor tells Boom Bust

Beijing says it will not accept Washington’s “smash and grab” policy of trying to force the sale of Chinese social media app TikTok. It’s warned it will retaliate against what it calls “theft.”

RT’s Boom Bust talks to John Quelch, Dean of Miami Herbert Business School, about the two countries’ tussle over TikTok and the future of their relationship.

“The level of Chinese investment in the United States is only $5-$6 billion, but the level of US investment in China is about $120 billion. So, in terms of a potential retaliation by Beijing, there are a lot of US assets in China that could be potentially confiscated in a tit-for-tat escalation,” he says.

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