Bloomberg Surveillance · Friday, September 25, 2026
Lindsay Newman explained that China desires a 'bounded' relationship with the U.S., allowing for cooperation and competition without confrontation. In contrast, she characterized Donald Trump's approach as prioritizing unpredictability and leverage, citing the short extension of the trade pact as an example.
“What we know here, Paul, is that what China would like is for this relationship to remain bounded. That's a language that she used just the other day, which is to say that they can cooperate. They need not confront each other. They could compete, but that competition should remain bounded.”
“From the other perspective, that is absolutely nothing. That doesn't sound anything like Trump America, right? Trump wants to keep things unpredictable, exactly what Tom was saying I said at the start here, which is that Trump likes to work the angles.”