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Kudlow on CNBC: I would not commit to when we would have a deal

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Larry Kudlow to CNBC:

  • I cannot set a specific timeline for when we will have a deal. Soon means very soon
  • Trump believes the deal is much more needed in China than in the United States
  • We have made significant progress on currency stability and intellectual property theft
  • We have also made progress on the agricultural purchase program
  • We have had bad relations with China over the years and they have been dishonest, so the deal must be good and fair for the US and the American worker
  • Tariff reductions may be part of the agreement, but not until the entire deal is finalized
  • I don't think we need to move to negative interest rates, the US economy is in good shape
  • The yield curve is normalized
  • Trump has asked him to consider Tax Cuts 2.0

 Trader Martin Nikolov

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