Kudlow says trade talks between China, U.S. will likely 'heat up'
Reuters
Published Sep 06, 2019 15:17
Kudlow says trade talks between China, U.S. will likely 'heat up'
WASHINGTON (Reuters) - White House economic adviser Larry Kudlow said on Friday that talks between American and Chinese trade negotiators could "heat up" during meetings in October, though he said he could not predict the outcome of the talks.
"The principals will meet in early October. The deputies will meet in a couple of weeks. So I can't predict an outcome, not here to do that. All I'm saying is the talks are continuing. You might say they're now going to heat up when the Chinese team comes here," Kudlow said in an interview with CNBC.
But Kudlow later told Bloomberg TV that the precise date for the October negotiations had not yet been set.
China's commerce ministry said earlier this week that high-level trade talks between the two countries would take place in early October in Washington.
October's talks would be the first in-person, high-level discussions since a failed U.S.-China trade meeting in July spurred U.S. President Donald Trump to move forward with fresh tariffs on virtually all Chinese imports that had been untouched by the trade war between the two countries.
Kudlow said there were no conditions for the October talks.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.