Kudlow says he expects China to retaliate against US over tariffs

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Kudlow, however, said there are 'no concrete, definite plans' yet for continued trade talks.

Trade talks between U.S. and Chinese negotiators broke up on Friday without a trade agreement.

Larry Kudlow, director of the U.S. National Economic Council, speaks during a White House briefing in Washington, D.C., U.S., on Monday, Jan. 28, 2019.White House Economic Advisor Larry Kudlow said in a Fox News interview on Sunday that he expects China to retaliate against the U.S. after President Donald Trump significantly increased tariffs on Chinese goods.

Trump called Friday's negotiations "constructive" and said talks will continue while U.S. tariffs remain in place, though they could be lifted depending on how the situation progresses.Beijing threatened to take "countermeasures" against the U.S. last week, but so far it has not done so. The White House economic advisor said China had backtracked on its commitments, which precipitated Trump's decision to increase tariffs.

 

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Complete lie! I heard every word of that interview. If u did any research AT ALL u would know large companies started preparing for a trade war in 2014. The US will fall in the future if we don’t take steps. U ppl agitate every single thing

Great. So send the stock mkt down. You’re negotiation and communication strategy is killing the capital markets. Just shut your traps and get a deal. Enough making the capital markets a big game from Donny. People live off these investments!!!!

Great 👍👍 MAGA

Absolutely!!! Did he calculate the cost of retaliation? It’s insane what they are doing... they sold themselves to best and they get high performance for a while and emptiness for long time to go

What a stupid thing to say on a Sunday before the market opens Monday

randy10307 China holds 28% of our debt. Remember that.

The threat of capital flight dismisses nationalistic protectionism within the confines of the capitalism ideology. The next logical step from China is to sell American bonds to generate the cash to purchase the dip in Chinese equities. The federal reserve in turn cannot unwind.

Dah! What did you brilliant minded idiots thought would happen!

In other news you need to keep breathing to stay alive....

Is this headline a joke... Did he really say that ? Let's check with CaptainObvious

these clowns are clueless

What method? How?

CNBC should be above the rumor report.😒

Whatever he says , all repeats his boss tone, well ,as perfect pet around owner, no wonder he does that. But what's his main role?

Lol all part of the plan

Why wouldn’t they it’s the American thing🔥🤡

You don’t say....

I used to respect Kudlow before he sold us out and became another SHRILL

That will hurt China and benefit other exporters to US.

He also stated that tariffs are not directly paid by China but buy the importers and then consumer. Contrary to realDonaldTrump tariffs TradeTalks

Yep and maybe Trump will learn there are ways of dealing with that part of the world and his bully boy tactic will never work . He is correct on intellectual right however. Credit where credit is due ....little else

Yes and the FED can’t do anything because it’s just not feasible to support so much stupidity...

THE CHINESE ARE NOT STUPID WHAT COMES AROUND GOES AROUND TWICE AS FAST

Yeap, let’s drop another 500 point tomorrow 😳🔫

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