Left Menu
Development News Edition

U.S.-China trade deal not falling apart -White House adviser

Reuters | Beijing | Updated: 15-05-2020 21:14 IST | Created: 15-05-2020 20:45 IST
U.S.-China trade deal not falling apart -White House adviser
Representative image Image Credit: Freepik

The U.S.-China trade deal reached in January is absolutely not falling apart and the two countries are still working on trade, White House adviser Larry Kudlow said on Friday.

Kudlow told reporters at the White House the trade deal "is continuing," a day after President Donald Trump suggested he could cut ties with the world's second-largest economy. In an interview with Fox Business Network broadcast on Thursday, Trump said he was very disappointed with China's failure to contain the coronavirus outbreak and that the pandemic had cast a pall over the trade deal with Beijing that he considers a major achievement.

Kudlow, director of the National Economic Council, was asked if the China trade deal was falling apart. "Absolutely not," he said. The Chinese are working toward holding up their end of the deal, Kudlow said. "They're a little slow on the commodity purchases. I think that has a lot to do with market and economic positions," he said.

He noted what he described as a successful phone call last week with Treasury Secretary Steven Mnuchin, U.S. Trade Representative Robert Lighthizer and Liu He, China's vice premier, as well as a good deputies call on Thursday night. "We have other issues with China, and of course the origin of the virus ... but with respect to the trade deal, it is continuing, absolutely," Kudlow said.


TRENDING

OPINION / BLOG / INTERVIEW

Why COVID-19 is unstoppable in USA despite it being ranked at the top of GHS Index?

Several worst-hit countries such as Italy, France, Spain, the UK, Canada, and Russia have peaked COVID-19 cases in April. Almost all of them have gradually flattened the curve. However, the USA is setting new daily records of infections tha...

COVID-19 seems cooking biggest ever global scam

The increasing number of corruption cases on COVID-19 funds from throughout the world and involvement of high profile persons indicate that the countries cant ignore corruption in their pandemic response programs. This has generated the nee...

Health Management Information Systems lack holistic, integrated, and pandemic resilient character

Being a part of the United Nations system, the World Health Organization WHO deserves its share of rebuke for its alleged failure issue COVID-19 health emergency alerts on appropriate time. However, the pandemic has also exposed loopholes i...

Pride in the time of coronavirus: a welcome move online?

This year is different in many ways not least as celebrations are also taking place against the dramatic backdrop of a global health crisis and a resurgence in grassroots activism following the death of George Floyd in Minneapolis. ...

Videos

Latest News

Russia detains ex-journalist accused of passing secrets to West

Russian security forces on Tuesday detained a former journalist who works as an aide to the head of Russias space agency and accused him of treason, saying he had passed military secrets to an unnamed NATO power.Footage released by the FSB ...

Two killed in train collision in Czech Republic -emergency services

At least two people were killed and 24 were injured when two trains collided in the northwest of the Czech Republic near the border with Germany on Tuesday, an emergency services spokesman said.The accident occurred between Pernink, about 1...

In France, study shows virus hit African immigrants hardest

Death rates among immigrants from sub-Saharan Africa doubled in France and tripled in the Paris region at the height of Frances coronavirus outbreak, according to a study from the French governments statistics agency released on Tuesday. Th...

Nuggets name Booth as general manager

The Denver Nuggets promoted Calvin Booth from assistant general manager to the teams vacant GM role on Tuesday. The Nuggets general manager post was vacated in April when Arturas Karnisovas left to become the Chicago Bulls new executive vic...

Give Feedback