Republican casino magnate Adelson cautioned Trump on trade war with China: Report

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

WASHINGTON: A top Republican donor warned President Donald Trump in a phone call last month that his escalating trade war with China could hurt ...

WASHINGTON: A top Republican donor warned President Donald Trump in a phone call last month that his escalating trade war with China could hurt his re-election prospects, the Wall Street Journal reported on Sunday , citing people familiar with the call.

Casino magnate Sheldon Adelson discussed with Trump the broader implications of the US-China trade war rather than the impact on Adelson's business interests, one of the people familiar with the call said, according to the newspaper report.Adelson, a major donor for Republican election campaigns, is the founder and chief executive officer of Las Vegas Sands Corp , a casino company that does business in the Chinese territory of Macao.

The White House did not have an immediate comment on the report. A representative of Las Vegas Sands Corp did not immediately respond to a request for comment. US-China trade tensions have led to tariffs on much of the commerce between the world's two biggest economies, hitting US factories and farms.

While the US economy has looked otherwise strong in recent months, a downturn might weigh on Trump's hopes of winning the November 2020 election.Washington and Beijing are in talks to restructure their trade relations, although a deal has appeared elusive. On Friday, Chinese officials unexpectedly cancelled a visit to farms in Montana and Nebraska as deputy trade negotiators wrapped up two days of negotiations in Washington.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It's lil late now since he's already done nothing but Screw up everything.Too big of a Liar.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Republican casino magnate Adelson cautioned Trump on trade war with China: WSJA top Republican donor warned President Donald Trump in a phone call last month that his escalating trade war with China could hurt his ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Trump calls China a 'threat to the world' as trade talks approachWASHINGTON (NY TIMES)- President Donald Trump said Friday (Sept 20) that China was a 'threat to the world' and suggested Beijing was eager to make a trade deal because his tariffs were hurting the Chinese economy, coarsening his tone as the two countries prepared to resume negotiations.. Read more at straitstimes.com. Why do you look at the speck of sawdust in your brother’s eye and pay no attention to the plank in your own eye?
Source: The Straits Times - 🏆 8. / 63 Read more »

At UN, Trump to tout leadership as US seeks to tackle Iran and ChinaWASHINGTON/UNITED NATIONS (REUTERS) - US President Donald Trump will tout US leadership and a collective approach to challenges while at the United Nations next week, said a senior administration official on Friday (Sept 20), as Washington seeks to use the gathering of world leaders to build support to take on Iran and call out China over rights abuses.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Commentary: Trump is serious about US divorce from ChinaThe rest of the world will be pressured to make a choice between Washington and Beijing, says the Financial Times' Edward Luce.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

After 'Howdy Modi,' Trump and India's PM could sign trade dealWASHINGTON/NEW DELHI (Reuters) - The United States and India are racing to negotiate a limited trade deal that U.S. President Donald Trump and Indian Prime Minister Narendra Modi can sign at the United Nations General Assembly in New York at the end of September, people familiar with the talks said.
Source: YahooSG - 🏆 3. / 71 Read more »

Trump denounces 'partisan' whistleblower as scandal swirlsDonald Trump angrily denied wrongdoing Friday in a phone call with a mystery foreign leader that prompted an intelligence whistleblower to sound ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »