Kudlow says ‘no tax cuts, stimulus, or fighting recession’

U.S. 08/23/19, 16:35

President Donald J. Trump's top economic adviser, Larry Kudlow, said the U.S. economy is “in sound shape.” Kudlow told journalists outside the White House on Thursday that there is no need for tax cuts, or stimulus, or fighting recession. “We're not going to tamper with temporary tax cuts of any kind," ...

President Trump’s economic adviser supports new China tariffs

U.S. 08/02/19, 17:12

White House economic adviser Larry Kudlow on Friday, Aug. 2, endorsed President Donald Trump's decision to impose a new tariff of 10 percent on about $300 billion worth of products from China at the start of September. The U.S. trade reform policy aims not only for “free, fair, and reciprocal trade,” ...

Kudlow: President Trump ‘doesn’t make things up’

Politics 07/23/19, 19:34

White House economic adviser Larry Kudlow said Tuesday that President Donald J. Trump was being truthful and straightforward when he said both India and Pakistan had asked him to help resolve the long-standing dispute over Kashmir. "The president doesn't make things up," Kudlow told reporters outside the White House. “That's a ...

US, China to resume trade talks in coming weeks after Trump-Xi meeting

Politics 07/04/19, 06:03

President Donald Trump’s chief economic adviser said U.S. and Chinese representatives will resume their negotiations to solve trade tensions between the world’s two largest economies. White House Economic Adviser Larry Kudlow told reporters that the two sides will relaunch their talks by phone in the coming weeks, a Bloomberg video showed ...

Kudlow: I don’t know what planet Democratic candidates are describing

2022 Campaign 07/01/19, 10:10

Top White House economic adviser Larry Kudlow on Sunday, June 30, criticized Democratic presidential candidates on economic policies. He warned that they would do “great damage” to the U.S. economy. "I hear some of their policies and I hear some of their narrative. I don't understand what planet they're describing," Kudlow, ...

White House expects retaliation from China over tariffs

Politics 05/12/19, 09:20

WASHINGTON (AP) — The U.S. is awaiting retaliation from China over increased tariffs, after talks in Washington ended without a deal on trade, the president’s chief economic adviser said on Sunday. “The expected countermeasures have not yet materialized. We may know more today or even this evening or tomorrow,” Larry Kudlow ...

Asian shares advance as Shanghai rebounds from early losses

Business 04/16/19, 01:38

Shares advanced in Asia on Tuesday, led by a rally in Chinese shares. Upbeat talk from the White House on trade negotiations with Beijing and reassuring comments from the People's Bank of China appeared to help brighten sentiment.The Nikkei 225 index added 0.2% to 22,221.11. The Shanghai Composite index jumped ...

Asian shares waver following lackluster Wall St session

World 04/04/19, 01:50

Shares were mixed in Asia on Thursday, with the Shanghai Composite jumping 0.7% to 3,237.43 on reports of possible progress in China-U.S. trade talks.The U.S. and China opened a ninth round of talks Wednesday, aiming to further narrow differences in an ongoing trade war that has deepened uncertainty for businesses ...

Asian shares waver following lackluster Wall St session

Business 04/04/19, 00:17

Shares were mixed in Asia on Thursday after modest gains overnight on Wall Street.The Shanghai Composite jumped 0.6% to 3,234.41 on reports of possible progress in China-U.S. trade talks.The U.S. and China opened a ninth round of talks Wednesday, aiming to further narrow differences in an ongoing trade war that ...

Kudlow calls for one-half point rate cut by Fed

Business 03/29/19, 15:31

A top Trump administration official on Friday called on the Federal Reserve to cut its key interest rate by a half-percentage point. Larry Kudlow, head of the president's National Economic Council, said in an interview with CNBC that the Fed should do more to help the economy by cutting rates. It ...

High-level US and China trade talks to resume next week

Business 03/19/19, 16:03

Top U.S. trade and economic officials will visit China late next week for another round of negotiations, a White House official said Tuesday. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will lead the delegation, Trump administration officials said. The sources spoke on background because they weren't authorized to ...

Kudlow: No reason to ‘obsess’ about budget deficit

Business 03/10/19, 10:36

President Donald Trump's top economist is brushing off concerns about rising budget deficits and slowing economic growth in advance of the release of the president's 2020 budget. White House economic adviser Larry Kudlow says Trump's budget "points a steady glide path" toward lower federal spending and federal borrowing as a share ...

Resumption of high-level US-China trade talks raises hopes

Business 02/21/19, 10:09

The U.S. and China resumed high-levels talks Thursday aimed at easing a trade standoff that has unnerved global investors and clouded the outlook for the world economy. The talks opened as a Chinese delegation led by Vice Premier Liu He sat down with a U.S. team led by Trade Representative Robert ...

US, China hold 2nd day of talks with no tariff decision

Business 02/15/19, 00:11

U.S. and Chinese trade negotiators held a second day of talks Friday after President Donald Trump's top economic adviser said he has yet to decide whether to escalate a technology dispute by going ahead with a March 2 tariff increase on imports from China. Business groups and economists say this week's ...

Update: White House rejects report showing slowed growth

Politics 01/28/19, 16:14

The Latest on the Congressional Budget Office predicting that economic growth will slow (all times local): 4:05 p.m. The director of the National Economic Council is rejecting a Congressional Budget Office assessment showing slowed growth following a five-week government shutdown. President Donald Trump's top economist, Larry Kudlow, says the White House "frequently" disagrees ...

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