China probably realizes it would be difficult to impeach Trump,' the co-founder of Mobius Capital Partners says.
The Chinese government would have taken a tougher stance on trade with the U.S. if it thought Robert Mueller's investigation was any real risk to Donald Trump's presidency, veteran fund manager Mark Mobius told CNBC on Monday.
"If there was a possibility of him being impeached, then of course there would be a different situation" on trade. The conclusion of Muller's investigation lifts a cloud that has loomed over Trump's presidency. In response to the findings, Trump took a victory lap on Twitter, saying,"No Collusion, No Obstruction, Complete and Total EXONERATION. KEEP AMERICA GREAT!"Mueller's report comes amid a high stakes economic battle between China and the U.S., which initially centered on the American trade deficit with China.
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