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Thursday, October 18, 2018

Kudlow: China 'has not responded positively to any of our asks' in US trade talks

Larry Kudlow, the director of the National Economic Council, went after China on Thursday for digging their heels in trade talks with the U.S.

"They are unfair traders. They are illegal traders. They have stolen our intellectual property," Kudlow said at the Detroit Economic Club on Thursday. "China has not responded positively to any of our asks."

"America has the greatest technology in the world; it is the backbone of our economy," he said. "China can't seem to do that, so they steal it. We can't allow that."

His appearance comes as stocks took a leg lower amid worries about a slowdown of in the global economy.

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