US-China Trade War Could End by 2020 Presidential Election


US Secretary of State Mike Pompeo reportedly told a group of business executives and free-trade economists that he believes the trade war with China could come to an end by the 2020 presidential election.

Pompeo spoke in front of a crowd of about 40 people that included economics writer Stephen Moore, Blackstone CEO Steve Schwarzman, Gristedes supermarket founder John Catsimatidis and former New York GOP chairman Ed Cox, at a private lunch in New York on Tuesday, according to people who attended the gathering.

The meeting was organized by the “Committee to Unleash Prosperity,” whose founders include Moore, former Reagan administration economist Art Laffer and former presidential candidate Steve Forbes. Catsimatidis is a member of the group.