White House Split Emerges Over Hardline China Trade Stance

The transcript discusses the internal division within the Trump administration regarding how to handle trade relations with China. Some members advocate for pressing ahead with tariffs, while others warn of the economic damage a trade war could cause. The possibility of reaching a trade deal before tariffs are enforced is considered unlikely. However, there are efforts to engage China in negotiations, possibly involving the Chinese vice president, indicating ongoing behind-the-scenes discussions.

What is the significance of the upcoming tariffs mentioned in the text?

What are the differing views within Trump's administration regarding trade with China?

How does Steve Bannon's perspective on trade differ from that of Treasury Secretary Steve Mnuchin?

What are the potential consequences of a trade war as discussed in the text?

What efforts are being made by the White House to resolve trade issues with China?