The Chinese are not prepared to make a trade deal, says Hudson Institute fellow

A report out late yesterday says the White House is holding off on a decision about licenses for U.S. companies to restart business with Huawei, which is a direct result of China's halt of U.S. agricultural purchases. Robert Spalding, senior fellow at the Hudson Institute, joins "Squawk Box" to discuss.
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Fri, Aug 9 20197:22 AM EDT