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Kudlow Sees No Letup in China Trade Talks as Both Sides Cite Progress

Posted April 05, 2019

Under Economic Issues, International Trade Issues

(Andrew Mayeda, Xiaoqing Pi & Margaret Talev – Bloomberg)

President Donald Trump’s top economic advisor said the U.S. and China will continue intense discussions to reach a trade deal as both sides tout progress at the negotiating table.

Chinese Vice Premier Liu He and U.S. officials resumed talks on Friday in Washington, said White House National Economic Council Director Larry Kudlow. Next week, negotiators will “be in touch” by phone, Kudlow said in an interview on Bloomberg TV. “There is no letup,” he said.

Trump, speaking to reporters on Friday, hailed the latest round of discussions in Washington as a “big success” but said he didn’t want to predict whether a deal would be reached. The president said before meeting Liu on Thursday in the Oval office that the U.S. and China were close to a trade agreement, with an announcement possible in the next four to six weeks. Click here to read more.