China's economy will not be able to withstand the "battering" President Donald Trump can deliver if the country does not negotiate a satisfactory deal on trade, former House Speaker Newt Gingrich said Monday.
"We don't need the sales, the Chinese do," Gingrich told Fox Business' "Mornings with Maria." "The basic argument Trump makes, that I agree with, is that we've had a very one-sided relationship."
China has participated in intellectual property theft and has the "enormous advantage" of having a closed market that blocks most U.S. high-tech companies from competing, Gingrich said.
"The Chinese are faced with a real crisis because we're telling them we are going to change the rules of the game," Gingrich said. "The core principle is simply China got to be this big and this wealthy because all the rules of the game favored them and we tolerated behavior that is intolerable."