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Kudlow: US-China Trade Talks ‘On Track’

Posted December 10, 2018

Under Economic Issues, International Trade Issues

(Martin Matishak)

White House economic adviser Larry Kudlow on Sunday insisted that U.S.-China trade talks are moving in a “positive” direction, despite mixed signals from top Trump administration officials and the arrest of the chief financial officer of Chinese tech giant Huawei.

“We are on track,” Kudlow said on “Fox News Sunday” when asked about the stock market’s 1,100-point drop over the course of the past week, pointing to “promising” statements from Beijing’s commerce department and government agencies.

On Friday, White House trade policy adviser Peter Navarro told CNN that if there’s no agreement during the 90-day truce between Washington and Beijing, U.S. officials would move forward with higher tariffs, contradicting statements Kudlow himself made earlier in the week. Click here to read more.