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UPDATE 1-White House adviser says U.S. talking again with China on trade


Reuters Last Updated at 13-11-2018 22:04:52 IST
U.S. President Donald Trump's top economic adviser said on Tuesday that the United States was talking again with China on trade, calling it a "very positive" development.

"Right now we're having communications at all levels of the U.S. and Chinese governments," National Economic Council Director Larry Kudlow told CNBC in an interview. "We're talking to them again ... so that's a plus."

Later Kudlow told reporters at the White House that "it's pretty clear now" Trump will meet with Chinese President Xi Jinping at the Group of 20 industrialized nations meeting in Argentina later this month. The White House is currently working on background materials in preparation for the talks, he added.

When asked if he was looking for concessions before the meeting, Kudlow said "we would like to hear from them some responses to the things we've asked for in the last, I don't know, five or six or seven months."

Trade negotiations between the two countries had been put on pause, Commerce Secretary Wilbur Ross said last month. The United States has consistently sought concessions from China on intellectual property and technology, as well as tariffs on imports of U.S. goods. (Reporting by Timothy Ahmann, Lisa Lambert, and Roberta Rampton Editing by Susan Heavey and Grant McCool)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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