Jul.22 -- Former U.S. Ambassador to China Max Baucus looks at the rising tensions between the two governments. China vowed retaliation after the U.S. forced the closure of its Houston consulate, in one of the biggest threats to diplomatic ties between the countries in decades. Secretary of State Michael Pompeo said "We are setting out clear expectations for how the Chinese Communist Party is going to behave and when they don’t, we’re going to take actions that protect the American people." Baucus speaks on "Bloomberg Daybreak: Asia."