White House economic adviser Larry Kudlow speculates that next week’s China trade talks with the US could very well stun everyone.
Mr. Kudlow held out hope for progress in opening China’s financial services markets to American companies in trade talks next week, adding the US team was heading into them “open-minded.”
“There could be positive surprises coming out of these talks,” Mr. Kudlow said.
“I’m not predicting. I’m just saying don’t rule that out. There could be some positive surprises,” said Mr. Kudlow, assistant to the President for economic policy and director of the White House’s National Economic Council.
The discussions between Chinese Vice Premier Liu He, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin next Thursday and Friday in Washington will be preceded by deputy-level talks Monday and Tuesday, Mr. Kudlow said on TV.
“Everything’s on the table, we’d love to go back to where we were in May when we were a lot closer,” Mr.. Kudlow said.