Comments from Larry Kudlow
Policy is not yet formed on tax-cut 2.0
US growth rate make be 4% for a quarter or two. I'd be happy with +3%
US budget deficit will run to 4-5% of GDP
Does not necessarily agree with all of Trump's trade tactics
Says China will have to come around on trade
Believes China wants to make a deal on trade
Xi is 'holding game up' doesn't want to make a deal
China could end tit-for-tat 'this afternoon' if desired
Don't blame Trump, blame China
I'm not sure that making it personal with Xi is a wise move.
