If this is in Michael Wolff’s book, Fire and Fury: Inside the Trump White House, then it partially explains Trump's sell-out.
But there is also this regarding the Palestinians and China:
Pivoting from Trump himself, Bannon plunged on with the Trump agenda. “Day one we’re moving the U.S. Embassy to Jerusalem. Netanyahu’s all-in. Sheldon” — Adelson, the casino billionaire and far-right Israel defender — “is all-in. We know where we’re heading on this … Let Jordan take the West Bank, let Egypt take Gaza. Let them deal with it. Or sink trying.”
“Where’s Donald on this?” asked Ailes, the clear implication being that Bannon was far out ahead of his benefactor.
“He’s totally onboard.”
“I wouldn’t give Donald too much to think about,” said an amused Ailes.
Bannon snorted. “Too much, too little — doesn’t necessarily change things.”
“What has he gotten himself into with the Russians?” pressed Ailes.
“Mostly,” said Bannon, “he went to Russia and he thought he was going to meet Putin. But Putin couldn’t give a shit about him. So he’s kept trying.”
Again, as though setting the issue of Trump aside — merely a large and peculiar presence to both be thankful for and to have to abide — Bannon, in the role he had conceived for himself, the auteur of the Trump presidency, charged forward. The real enemy, he said, was China. China was the first front in a new Cold War.
“China’s everything. Nothing else matters. We don’t get China right, we don’t get anything right. This whole thing is very simple. China is where Nazi Germany was in 1929 to 1930. The Chinese, like the Germans, are the most rational people in the world, until they’re not. And they’re gonna flip like Germany in the ’30s. You’re going to have a hypernationalist state, and once that happens, you can’t put the genie back in the bottle.”
[source : Donald Trump Didn’t Want to Be President, New York Magazine, http://nymag.com/daily/intelligencer/2018/01/michael-wolff-fire-and-fury-book-donald-trump.html?utm_source=nym_press, Accessed: 4th January 2017]