Mohamed El-Erian sees US and China going into an economic war beyond trade after 2020 election

CNBC/Kevin Stankiewicz

photo of opposing chess pieces on a map with American and Chinese flags“Economist Mohamed El-Erian told CNBC on Monday that he doesn’t think the phase one trade agreement is the first step to a long-term cooling in U.S.-China relations. In fact, the chief economic advisor at Allianz said he believes that the tensions will be further inflamed after the upcoming 2020 presidential election ends.”

USAGOLD note: The usually optimistic Mr. El-Erian has deep reservations about the interim trade deal. . . .and the future of U.S.-China relations.

Repost from 12-16-2019

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