Kudlow: Overall economic burden of trade war will shift more to China than US

Author: Greg Michalowski | Category: News

Speaking at the Peterson Institute 

  • White House intends for Pres. Trump to meet China's Xi at G20 but not formalized it
  • The Fed will act on it's own time
  • Pres. have opinions on monetary policy
  • He has a point of view and makes it be know
  • I have said the Fed was too high by 50 basis points in the past. 
  • We can't have a balanced agreement because we have such an unbalanced relationship with China.  There a lot of wrongs that need to be righted. 
  • Pres has indicated a strong desire to meet with Xi, but he has said that if there is not a meeting, there will be consequences.
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