Nasdaq head hopes Trump to refine, not kill, tradeNEW YORK -- Nasdaq chief Robert Greifeld said Tuesday he was worried about a U.S. trade war with China but expects President-elect Donald Trump to adopt a pragmatic approach once he takes office. "I do worry" about a trade war with China, "but we're mutually dependent," Greifeld said in a discussion at the Council on Foreign Relations three weeks after Trump's shock election victory. Trump campaigned aggressively against free trade agreements and vowed to push for concessions from China, Mexico and other key partners, although he has appeared to soften his stance on that and other issues since the election. Greifeld said he expects Trump will seek a "refinement" of existing deals such as the North American Free Trade Agreement, rather than a full-scale replacement. But he suggested free trade was inexorable given the proliferation of digital currencies and other technologies that expand naturally beyond national borders.

Source: The China Post November 30, 2016 18:03 UTC