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White House top economic advisor says trade war will hurt China more than U.S.


Reuters washington dc
Updated: 13-06-2019 22:58 IST
White House top economic advisor says trade war will hurt China more than U.S.

Image Credit: Flickr

The economic burden of a trade war between the world's two largest economies will shift to China, rather than the United States, President Donald Trump's top economic advisor said on Thursday.

"The overall economic burden will hurt China more than it hurts us," said Larry Kudlow, director of the White House's National Economic Council.

The White House intends for President Donald Trump to meet with Chinese President Xi Jinping at the G20 summit in Japan later this month, though the meeting is not "formalized" yet, Kudlow said.

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

COUNTRY : United States

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