A computer screen shows images of US President Donald Trump and Chinese President Xi Jinping as a currency trader works in South Korea. Photo: AP

US needs a trade war deal more than China does heading into 2020, says MUFG economist

  • US President Donald Trump faces growing pressure of a possible economic slowdown while seeking re-election
  • Trump ‘doesn't want a S&P 500 correction of 10 per cent in the middle of a re-election campaign’, says Derek Halpenny of Mitsubishi UFJ Financial Group
Topic |   US-China trade war

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A computer screen shows images of US President Donald Trump and Chinese President Xi Jinping as a currency trader works in South Korea. Photo: AP
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