Bruce Wolpe, senior research fellow at the American Research Center, was interviewed at skynews Australia headquarters.
He said that after President Trump announced the import of Chinese products, plus an additional 5% tariff, the Sino-US trade war is out of control.
Due to troubles in the US economy and trade, Bruce Wolpe said that when the G7 meeting in France this weekend was held in France, China-US and global trade will be everyone’s issues.
He said that in the past day, Sino-US trade friction has deepened sharply, which will only increase the possibility of the US economic recession, and then the whole world will suffer from infection and pneumonia.
This is not good for the whole world, it is really serious.
Bruce Wolpe believes that this time Morrison was invited by the French president to attend the G7 as an observer. It is very appropriate and timely.
He is one of those who can advise President Trump to ask everyone to exercise restraint, not to be reckless, and to deal with problems with common sense.
He said that this time G7, Trump should feel better than in previous years, because this time there are two staunch allies he likes.
That is the Australian Prime Minister Morrison and the newly appointed British Prime Minister Boris Johnson.
Bruce Wolpe said that if Trump listened to the advice and advice of anyone in the world, then only Australian Prime Minister Morrison.
