Escalating trade tensions between the United States and China would have manifested with or without Donald Trump, experts said at the Singapore Summit on Saturday.

While the U.S. president’s “crazy” ways have worsened it, he’s only a symptom of world developments that have hastened the tensions, and not the cause, pointed out Dani Rodrik, a professor at Harvard University.

“I think we must not exaggerate the importance of Trump,” said Rodrik, who is a professor of international political economy at the John F Kennedy School of Government at Harvard.

CNBC

By admin