Donald Trump has not asked US officials to draw up a proposed trade plan for China, says White House economic adviser Larry Kudlow
- Trump and Xi meeting is definite, but the White House adviser says he’s less optimistic about the chances of the two reaching a deal
- Trump ‘could pull the trigger’ on additional tariffs on Chinese imports, depending on how talks go
US President Donald Trump has not asked US officials to draw up a proposed trade plan for China, White House economic adviser Larry Kudlow told CNBC in an interview on Friday, adding he was not as optimistic as he once was about the two nations reaching a deal.
Kudlow said a meeting between Trump and Chinese President Xi Jinping later this month at the G20 summit was definite and would include trade talks.
He added that Trump “could pull the trigger” on additional tariffs on Chinese imports, depending on how talks go.
Bloomberg reported earlier that US President Donald Trump wanted to reach an agreement on trade with Chinese President Xi Jinping at the G20 summit in Argentina this month and had asked his officials to begin drafting terms, according to sources.
The push for a deal with China was prompted by Trump’s telephone call with Xi on Thursday, the sources said. Trump described the conversation as “long and very good” and said in a tweet that discussions on trade were “moving along nicely”.
