Kudlow: U.S.-China trade conflict could take years to resolve


Graphic 'TW1' suggesting Trade War One between US and China“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.

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