'I think it's going to set the framework for the 2020 election. This is as important as it gets,' said the former White House chief strategist.
Steve Bannon said there is"no chance" President Donald Trump will back down as trade tensions rise between the U.S. and China.
He added that he wanted Trump and President Xi Jinping to meet in person."I think this needs to be principles. I think it needs to be principles face-to-face. But I got to tell you: There is no chance Donald Trump backs down for this. I think he's looking at the good of people on a global basis. I don't see him backing down with this. I think it's going to set the framework for the 2020 election. This is as important as it gets.
In February, consulting company Trade Partnership Worldwide estimated that an average family of four would pay $767 this year because of the tariffs.
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