President Donald Trump has not asked his cabinet to put together a trade deal with China, White House economic advisor Larry Kudlow, contradicting an earlier report.
President Donald Trump has not asked his cabinet to put together a trade deal with China, White House economic advisor Larry Kudlow, contradicting an earlier report.
« There’s no massive movement to deal with China, » Kudlow, the director of the National Economic Council, told CNBC’s » Halftime Report . » « We have already put out asks to China with respect to trade. »
« We’re doing a normal, routine run-through of things that we’ve already put together and normal preparation, » he said. « We’re not on the cusp of a deal. »
Bloomberg reported earlier on Friday that Trump had asked officials to prepare a draft for a U. S.-China trade deal. Three senior administration officials told CNBC that there was not indication of an imminent trade deal with China.
