Kudlow says the Cabinet was not asked to draw up trade plan for China

CNBC/Fred Imbert/11-2-2018

“Kudlow’s comments contradict an earlier report that said President Donald Trump had asked officials to draw up a draft for a U.S.-China trade deal.”

USAGOLD note:  We relayed the Bloomberg report earlier today saying the opposite.  The DJIA shot higher when the report was first posted then reversed on Kudlow’s denial – all in all a more than 550 point intraday reversal.  The DJIA is now down 220 on the day.  Gold is not sure how to react and  is pretty much even on the day.

Image by Gage Skidmore from Peoria, AZ, United States of America (Larry Kudlow) [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

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