Kudlow on trade issues: Says he believes China will back down

White House Economic Adviser Larry Kudlow

• NAFTA negotiations are going rather well
• believes China will back down and 'play ball'

Reuters reporting on Kudlow in two separate interviews (Fox and CNBC). On China, I think Larry might be a tad optimistic. There will be more uunpleasantness to come on trade issues I reckon.

My autocorrect suggest 'kudos' when I type Kudlow .... nice one for Larry!