Donald Trump’s top economic adviser has raised hopes of rapid progress with China on trade talks, saying he was seeing “tremendous urgency”. But beneath his bullish assessment lay a host of unanswered questions.
Larry Kudlow said in a briefing with reporters on Monday that a formal process would soon be set up between the two countries following a truce announced by President Trump and his Chinese counterpart Xi Jinping, with US trade representative Robert Lighthizer leading the talks from the American side.
While Mr Trump declared after Saturday’s meeting that the Chinese had agreed to remove their tariffs on imported US cars, Mr Kudlow acknowledged Washington did not yet have a “specific agreement”.
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