In an interview with Charles Payne on Fox Business, Michael Pillsbury discusses the economic growth that could result from ‘phase one’ of the U.S.-China trade deal as well as the potential for military threat from China.

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A Mexican National Guard officer stands guard on a pickup truck during a vehicle check heading to the United States at the San Ysidro Port of Entry crossing in Tijuana, Baja California, Mexico, on February 6, 2025. (Getty Images)