| G7 Recap: Trump on China and trade | | |  | THU, AUG 29, 2019 | | | | | | WHERE BUSINESS AND POLITICS CONVERGE | | | | Hi readers,
Our White House reporting team has just returned from the G7, where trade was top of mind. Amanda Macias reports on what we learned on the ground in Biarritz, France where President Trump told reporters China "very badly" wants to make a trade deal. Meanwhile, business groups are sounding the alarm about the impact of the China trade war. Kayla Tausche reports that over 160 industry groups sent a letter to Trump this week, calling on him to postpone the upcoming tariff increases. The coalition says that the "full adverse impact of these tariff increases will be felt entirely in the United States and could represent one of the largest tax increases in American history."
On the campaign trail, the 2020 field is beginning to narrow ahead of the next Democratic debate on September 12. The latest to drop out of the race: Kirsten Gillibrand. John Harwood writes about where things stand based on the latest polling numbers, and the big test front-runner Joe Biden faces this fall.
Quick programming note: CNBC will host its annual Delivering Alpha conference in just 3 weeks. In addition to the biggest names in business, Vice President Mike Pence will join us this year. For more details on how to attend, visit deliveringalpha.com.
Enjoy these last days of summer!
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