White House economic advisor Larry Kudlow said Thursday that the administration is hoping for a trade agreement with China but much work remains before anything is finalized.
"The president has indicated that he's optimistic with respect to a potential trade deal," Kudlow said on Fox Business. "But we've got a pretty sizable distance to go here."
The comments coincided with a sharp drop in the stock market that sent the Dow industrials down more than 200 points as Wall Street waits to see whether Washington and Beijing can meet a March 2 deadline, after which tariffs both sides have levied could go back into effect.
This is breaking news. Please check back here for updates.
from Top News & Analysis https://cnb.cx/2I6AgS6
No comments:
Post a Comment