Charles Koch: Trade war could lead to socialism

The head of global leader Koch Industries on Wednesday urged the Trump administration to call off its trade war with China and others, warning that it could sink the U.S. economy and give rise to socialism that hurts workers.

In an exclusive interview, Charles Koch said, “the less trade we have the worse everybody is. I mean, the less exports we have the less imports we have and that makes us worse off. And the more we isolate ourselves, the less we learn of improvements and developments and innovations around the world.”