National Foreign Trade Council Not Expecting 'Phase One' Deal Soon
Rufus Yerxa, president of the National Foreign Trade Council and former deputy director general of the World Trade Organization, talks about the trade war between the U.S. and China. President Donald Trump said the U.S. will increase tariffs on China in case the first step of a broader agreement isn’t reached. Yerxa speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia." (Source: Bloomberg)