Kudlow: U.S.-China trade conflict could take years to resolve
“White House economic adviser Larry Kudlow said on Friday the United States wants “near term” results from U.S.-China trade talks in September and October but cautioned that the trade conflict could take years to resolve. . . .’A deal of this size and scope and central global importance, I don’t think 18 months is a very long time,’ Kudlow said.”
USAGOLD note: Can’t remember Kudlow being this negative on resolution of the trade war. Eighteen months is not a long time for negotiating a new trade treaty, but the markets are likely to view it as an eternity.