Atlantic Council CEO Fred Kempe: The US-China trade war could persist for a few decades

President Trump announced another round of tariffs on roughly $300 billion worth of goods. Fred Kempe, president and CEO of the Atlantic Council, joins "Squawk Box" to discuss how he thinks Beijing might respond as well as how the trade war might affect the economy and the oil sector.
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Fri, Aug 2 20198:29 AM EST