The president could be 'playing a waiting game' on China trade to help his re-election bid, says former U.S. ambassador to China Max Baucus.
"Let's not forget, Donald Trump is, in a certain sense, very smart. Almost brilliant. And maybe in the back of his mind he's going to wait a little bit," said Baucus. "Then the stock market is going to zoom up. It will rocket up, and maybe help him get reelected."
down 623 points. The Dow recovered a bulk of those losses on Monday, only to fall back again Tuesday."Squawk Box
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