The US is taking an unnecessarily tough stance on China, Stephen Roach said.
The Yale professor told the Odd Lots podcast that reducing the deficit is a better way to improve the US economy.
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AdvertisementThe US needs to readjust its approach to China or risk deep and unnecessary fallout between the world's two biggest economies, Yale economist Stephen Roach said.
The former Morgan Stanley China chairman blasted each country's mounting antagonism on Bloomberg's Odd Lots podcast, sharing dim views on rising trade barriers.
Persons:
Stephen Roach, Roach, —, Morgan Stanley, Donald Trump, Joe Biden
Organizations:
Yale, Service, Beijing, Business
Locations:
China