21 January 2017

News Story: U.S. President-elect Trump "going to fail" - Soros

U.S. President Donald Trump
DAVOS, Switzerland, Jan. 20 (Xinhua) -- On the eve of Donald Trump's inauguration, Billionaire investor George Soros said Thursday the U.S. President-elect is "going to fail".

During a speech in Davos, the venue for the World Economic Forum, Soros called Trump a "would-be-dictator", saying he was "gearing up for a trade war".

A trade war would have "a very far reaching effect in Europe and other parts of the world," warned Soros, a supporter of Democratic candidate Hillary Clinton during the 2016 presidential campaign.

The "would-be-dictator ... didn't expect to win," said Soros.

According to Bloomberg Television reports, Soros said "I personally am convinced that (Trump) is going to fail."

Read the full story at Xinhua