The economic adviser to US President Donald Trump claims to exclude that the trade dispute with China could drag on for years to come. „There is so much at stake, we have to do it right. And if that takes a decade, that’s just how it is, „Larry Kudlow told the press yesterday in Washington.
The negotiations on trade issues and the protection of intellectual property have been running for 18 months. However, this was „not very long“ given the „size, scope and central global importance“ of such an agreement.
Conversations confirmed in October
Kudlow confirmed that talks by senior officials from both sides were planned in early October. Also in September to run talks. He told the Fox Business Network that nothing was being left out. There will be no preconditions. But the US government wants „to see results in the near future,“ Kudlow told Bloomberg TV. If that is not the case, the US would take additional measures.
Kudlow does not want to speculate on the outcome of the talks and also not whether the planned increase in tariffs from 25 to 30 percent from October 1 to Chinese goods worth $ 250 billion will be postponed.
