*By Chloe Aiello*
President Trump and Chinese President Xi Jinping are reportedly considering a meeting at Trump's Mar-a-Lago Resort in March to resume trade talks. But whether or not any major developments will result is a toss-up, former State Department Senior Advisor Christian Whiton told Cheddar.
"It's still a coin toss as to whether or not there's a big deal, but Wall Street seems to take it for granted. I think it's less likely, and what's more likely, it's going to be a very long-term process of jousting," said Whiton, who served as an advisor for both Trump and former President George W. Bush.
[Axios reported](https://www.axios.com/trump-xi-china-trade-war-mar-a-lago-37bb245b-9ffa-455e-bc82-499c3c32d7e2.html) on Sunday that Trump's advisers have discussed hosting a summit at the president's Palm Beach, Fla., resort in an attempt to resolve the ongoing trade standoff between the U.S. and China. Sources informed Axios that the summit could come as soon as mid-March, although neither the date nor the location have been officially set.
A mid-March summit would come after the March 2 deadline Trump set to hike tariffs from 10 percent to 25 percent on $200 billion in Chinese goods. Whiton said the summit could potentially lead to further delays.
"My guess is that if a summit was scheduled, it would be hard for the administration to go ahead with that increase," he said. "Having said that, there is some jousting within the administration between hardliners ... who want tariffs on sooner as added pressure, and the Wall Street crowd."
Whiton also said that China has done little to address major concerns over intellectual property theft and anti-competitive behaviors.
"What I understand is China really hasn't been that forthcoming in the systemic reform that Trump really wants, and frankly that there is bipartisan consensus for," he said. "They are sort of saying, 'meet us halfway on those things.' But that is extremely hard to do."
Trump has been pushing for adjustments in trade policies with China even before he stepped into the Oval Office. The two powers have been tangled in a retaliatory trade war since Trump first leveraged tariffs in early 2018.
For full interview [click here](https://cheddar.com/videos/white-house-reportedly-considering-mar-a-lago-for-u-s-china-trade-summit).
Though FAANG stocks hit an all-time high last week, their gains could be undermined by the Trump administration's trade stand-off with China that could soon widen into the technology sector, says Jason Ware, chief investment officer at Albion Financial Group.
The country's highest court on Tuesday ruled in favor of the travel ban the Trump administration attempted to implement last year. The court rejected the argument that the policy exceeded the president's authority and that it discriminated against Muslims.
Letting women drive will make them "good workers and consumers," says Hiba Zayadin, the acting Saudi researcher at Human Rights Watch. But "the power structures and systems that keep women as second-class citizens" remain prevalent., she tells Cheddar.
Police shootings have persisted in America for the last several decades but now personal video footage is holding officers accountable, says O'Donnell. The MSNBC host is re-publishing his book "Deadly Force" that chronicles the 1975 police shooting of an unarmed black man that was criticized as "basically a murder".
The president's consistent attacks on media outlets like CNN is "very, very good for business." But Trump has avoided directing his wrath at MSNBC since taking the White House, because the network "is much higher rated" and "he would prefer people to watch CNN," which features many pro-Trump speakers, says O'Donnell.
The MSNBC host explains what happened leading up to the moment when his co-worker, Rachel Maddow, broke down in tears on air while covering the border crisis. O'Donnell tells Cheddar that if he had to report the story on tender age shelters, he might have cried too.
Markets plunged on Monday as President Trump escalated already-tense trade relations with China and investors saw the first sign of American manufacturers feeling the impact of the Trump administration’s increasingly protectionist stance.
Melania Trump received a lot of criticism for wearing a jacket with the phrase "I DON'T REALLY CARE, DO U?" scrawled across the back on her way to meet with migrant children at the Texas-Mexico border. The bizarre choice, at such a heated moment, may have been "a very calculated move," said Vox reporter Rebecca Jennings.
Citigroup CEO Michael Corbat weighs in on the backlash over family separation at the border and the need for immigration reform.
Image Credit: Shutterstock
The country's top court on Thursday ruled that states can force online retailers to charge sales taxes on purchases even if they don't have a physical presence in the state. D.A. Davidson's Tom Forte says Amazon may actually end up benefiting from that rule.
Load More