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I do not think that President Xi intends to follow up on the discussions we had and I think the President is so dissatisfied with China on these so-called talks that he keeps up the pressure, and I support that "Kudlow said Wednesday morning at the Delivering Alpha conference.
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Kudlow said that China has not responded "at all" to US demands that Beijing address the Trump administration accusations of China that the China is engaged in widespread intellectual property theft and forced technology transfer. The United States has already hit Chinese imports worth $ 34 billion and is considering penalties for $ 200 billion worth of additional Chinese goods. "19659004" "We are waiting for it," said Kudlow about the Chinese leader. "The ball is in his court and in the tit-for-tat business, which is nobody's favorite, but they can still finish this afternoon by offering a more satisfying approach."
Kudlow also said that he had been told that the President of the European Commission, Jean-Claude Juncker, would present a "very important free trade offer" during his visit to Washington next week. The EU is planning to negotiate a trade deal on automobiles with the world's leading automakers in order to avoid the 20% tariff on Trump auto imports
Kudlow said that German Chancellor Angela Merkel "worked on the EU."
"The President put things on the table," he said. "The Europeans are looking at them, and we can be pleasantly surprised, if it is not a factual agreement … then at least good, solid negotiations on these topics."
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