The former US NSA also says he does not think Trump knows anything about the history of these clashes over the decades between India and China
White House trade adviser Peter Navarro gave Asian markets a scare on Monday night by telling Fox News Channel that the U.S.-China trade deal was "over"
The statement comes a day after White House trade adviser Peter Navarro said that the trade deal with China is "over"
The government's efforts to persuade global manufacturers to divert production from China may be more difficult than it thinks
Trump said he was very disappointed with China's failure to contain the coronavirus outbreak
Rising US-China tensions over the coronavirus outbreak have cast the trade deal and proposed talks on a Phase 2 deal into doubt.
The Phase 1 deal has ended tariffs of around $155 billion worth of Chinese imports that were set to take effect at the end of 2019 and halved tariffs to 7.5 per cent on another $120 billion in goods
He also announced that the US will join the 1 trillion trees initiative being launched at WEF.
Growing participation by foreign investors could relieve pressure on the mainly state-owned firms that so far have been the front-line in dealing with the bad debt problem
US and China have a long way to go
China's manufacturing is improving and it recently signed a trade agreement with the US, but analysts are not sure if the gains can be sustained.
US President Donald Trump is due to sign the trade pact with Chinese Vice Premier Liu He at a ceremony at the White House, marking a truce after 18 months of tit-for-tat tensions
The widely expected decision came in a long-delayed semi-annual currency report, reversing an unexpected move by Treasury Secretary Steven Mnuchin last August at the height of US-China trade tensions
Goldman Sachs Group has spoken publicly only in broad strokes about its strategy for China as the gates come down this year.
The US Treasury Department will take the step in a semi-annual report that will release soon, according to Bloomberg
Describing it as a "historic transaction", Mnuchin said further talks would be held for the remaining phases
Washington maintains 25 per cent tariffs on about $250 billion worth of Chinese imports
The negotiations will be announced on Jan. 15 as part of the signing of a Phase 1 trade deal between the US and China
Trump's remarks come days before Beijing's trade envoy is due in Washington to sign a "phase one" agreement, marking a pause in the two sides' nearly two-year trade war
Congress leader Rahul Gandhi is scheduled to appear before a magisterial court in Surat to defend himself in a criminal defamation case filed against him