Tag: Larry Kudlow

China bargain ‘close’ as Beijing cuts a few duties : Larry Kudlow
Business

China bargain ‘close’ as Beijing cuts a few duties : Larry Kudlow

Top White House financial counselor Larry Kudlow said Friday that President Trump likes where exchange converses with China are going and an arrangement is "close," however that a Dec. 15 cutoff time stays set up for another round of US levies to kick in. “There’s no arbitrary deadline here … but that fact remains December 15 is a very important date with respect to a no-go or go on tariffs,” they told. “It’s going to be totally up to POTUS. But December 15th is an important date.” Culmination of a stage one arrangement between the world's two greatest economies had been at first expected in November, in front of a mid-December round of US duties covering about $156 billion of Chinese imports. “The reality is constructive talks, almost daily talks, we are, in fact, close,”...