Stephen Roach breaks down the latest trade war shots fired by the US and China

Stephen Roach, senior fellow at Yale University and former chairman of Morgan Stanley Asia, joins CNBC's "Closing Bell" to discuss President Trump's tariffs on China and what this means for the relationship between the two countries.

Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization.