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Former U.S. ambassador to EU on trade: A lot of damage is being done with longterm consequences

Chinese officials stand by their statement that they were quote "unaware" of phone calls with the U.S. after President Trump claimed the calls happened over the weekend between the two countries. Anthony Gardner, former U.S. ambassador to EU under President Obama tells Yahoo Finance's Akiko Fujita that "This is a President who is very protectionist… he doesn’t believe in a multilateral trade order… so a lot of damage is being done to the system with longterm consequences."