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Billionaire financier George Soros believes President Donald Trump will use Chinese tech company Huawei as a bargaining chip to make a deal with China before the 2020 presidential election.
Trump might use the ban preventing U.S. companies from doing business with telecommunications company as a conduit for a possible deal with China, Soros wrote in a Wall Street Journal editorial Tuesday. The liberal scion, a frequent conservative antagonist, is an unlikely Trump ally on China.
“It’s hard to know exactly what’s motivating Mr. Trump, but he appears desperate for a deal with President Xi to bolster the U.S. stock market and economy to improve his chances at re-election—putting his electoral interests ahead of America’s interests,” he wrote.
Soros is also calling on Republican lawmakers to craft legislation preventing the president from using Huawei a ploy. The liberal donor believes China’s technology represents a deadly weapon to Soros’s desire to see an open society, free from what he believes are the failures of China’s social credit system.
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