Caution China, President Trump Will ‘Follow Through’

Caution China, President Trump Will ‘Follow Through’

Caution China, President Trump Will ‘Follow Through’

Friday, White House chief economic adviser Larry Kudlow cautioned China not to underestimate President Donald Trump.

“Let me just say this, the Chinese have better not underestimate the determination of President Trump to follow through and seek zero tariffs and nontariff barriers and subsidies and a level playing field and major reforms in IP theft and forced transfer of technologies,” he said.

“These are the things we have asked them in a number of meetings, I’ve participated in most of this stuff and they better not underestimate the president, that’s all I’ll say.”

China’s finance authority released new sets of tariffs on 5,207 good imported from the US, ranging from 5 to 25%.

This comes after the administration had proposed a higher 25% tariff on $200-B worth of Chinese imports.

China said the timing of its retaliatory tariffs will depend on the actions of the US But Mr. Kudlow maintains that President Trump intends to stand tough.

“Other presidents have raised the issue of China’s illegal and unfair trading and so forth,” Mr. Kudlow said. “This President is the only 1 to follow through…”

And he added: “The President is not about to back down.”

America First and MAGA

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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