U.S.-China trade deal in ‘fine’ shape, White House’s Kudlow says

08/11/2020

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Jeff Mason, Andrea Shalal | Reuters

WASHINGTON (Reuters) – China is continuing to buy U.S. goods, particularly commodities, under its Phase 1 trade deal with the United States, despite rising tensions over Hong Kong and other issues, top White House economic adviser Larry Kudlow said on Tuesday.

Asked if deteriorating ties between the world’s two largest economies on other fronts could result in the trade deal being thrown out the window, Kudlow said, “No, no.”

“The one area we are engaging is trade,” he told reporters at the White House. “It’s fine right now.”

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