Trump posturing before G7, says Capital Link CEO
US President's words may not translate into action on trade policy, says Brett McGonegal
Brett McGonegal of Capital Link International says President Donald Trump is good at being “unpredictable” on trade policy, but that may not translate into results.
“I think this is classic posturing ahead of the G7,” McGonegal said.
“I don’t think there’s any merit to it. I’ve long said this is a lot of talk, no action,” he said, adding: “Don’t ever mistake the talk with the action.”
McGonegal, who is also a principal shareholder of Asia Times, was speaking on CNBC’s Squawk Box program on Wednesday.