Bloomberg news reported yesterday that President Donald Trump’s top economic adviser says the U.S. and China are “closer and closer” to a trade deal, and that top-tier official would be talking again this week via “a lot of teleconferencing”:
- Officials in search of agreement have met two straight weeks.
- Both sides cite progress, plan to stay in constant touch.
- Larry Kudlow’s “guarded optimism, maybe more than guarded optimism” on CBS’s “Face the Nation” on Sunday came after China’s state-run Xinhua news agency reported that progress was made during talks in Washington that ended Friday.
- High-level U.S. and Chinese officials met on the heels of discussions in Beijing the previous week.
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