Tag: Larry Kudlow

Monday, July 27th 2020 - 09:07 UTC
White House advisor predicts US economy will recover 20% in III and IV quarters

The US economy will grow on the order of 20% in the third and fourth quarters, a top White House economic adviser predicted on Sunday, despite reopening setbacks linked to a coronavirus resurgence.
Tuesday, June 30th 2020 - 09:56 UTC
US economy headed for a “V shaped recovery”, anticipates Economic advisor Kudlow

The U.S. economy still appears headed for a “V-shaped recovery” despite some setbacks in efforts to reopen state economies that had been shuttered for the coronavirus, a top White House adviser said on Monday.
Friday, February 14th 2020 - 08:22 UTC
US criticizes lack of transparency from China over the coronavirus outbreak

The United States feels let down by a lack of transparency from China over the coronavirus crisis, a senior White House official said on Thursday. “We are a little disappointed that we haven't been invited in and we're a little disappointed in the lack of transparency coming from the Chinese,” Larry Kudlow, the director of President Donald Trump's Economic Council, told reporters.
Wednesday, August 7th 2019 - 08:44 UTC
Sino/US clash eases: Beijing supports Yuan and Washington pledges to continue trade talks

Asian shares steadied slightly on Wednesday as investors caught their breath from a searing week-long selloff, with steps taken by Chinese authorities to contain a sliding Yuan helping calm fears of a full-blown Sino-U.S. trade and currency war.
Saturday, August 3rd 2019 - 07:30 UTC
China bows to fight back Trump's tariffs: “if they want to fight, then we will fight”

China on Friday vowed to fight back against US President Donald Trump's abrupt decision to slap 10% tariffs on the remaining US$300 billion in Chinese imports, a move that ended a month-long trade truce.
Wednesday, November 28th 2018 - 08:41 UTC
Trump open to a deal with China on certain conditions, says advisor Kudlow

U.S. President Donald Trump is open to reaching a deal on U.S.-China trade irritants over dinner on Saturday with Chinese leader Xi Jinping but is ready to hike tariffs on Chinese imports if there is no breakthrough, White House economic adviser Larry Kudlow said on Tuesday.
Wednesday, October 24th 2018 - 08:55 UTC
Trump-Xi summit in Buenos Aires next month announced the White House

President Trump and his Chinese counterpart Xi Jinping will meet at the G-20 summit in Argentina next month, the White House announced on Tuesday, amid an escalating trade war between the world’s two largest economies. The G-20 Summit, comprising top 20 economies of the world, including India, is scheduled to take place in Buenos Aires in Argentine on November 30 and December 1.
Monday, July 30th 2018 - 14:29 UTC
“Immediate beginning” of trade negotiations with EU, announces Trump's chief economic advisor

President Trump's chief economic adviser Larry Kudlow says that trade negotiations with the European Union are set to begin “immediately” following a meeting between Mr. Trump and European Commission President Jean-Claude Juncker. The two agreed to work toward “zero” tariffs and hold off on additional tariffs at the meeting at the White House on Thursday.
Saturday, May 19th 2018 - 09:27 UTC
China/US trade talks on a more positive track; Beijing dumps sorghum levy

Beijing has dropped an anti-dumping investigation into imported U.S. sorghum, which it had accused the United States of unfairly subsiding. It has also given approval for a U.S. private equity firm to buy Toshiba's memory chip business. Those gestures could suggest a thaw with the U.S. as trade talks went on in Washington in an atmosphere of hopefulness but hardly assurance of a breakthrough in the impasse.