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Kudlow threatens ‘consequences’ if China’s Xi doesn’t meet with...

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    Kudlow threatens ‘consequences’ if China’s Xi doesn’t meet with Trump at G-20

    WASHINGTON — President Donald Trump could take further action against China if President Xi Jinping doesn’t agree to a meeting at the Group of 20 summit of leading economies in Japan later this month, the White House’s top economic adviser said Thursday.

    “President Trump has indicated his strong desire for a meeting, but the meeting is not yet arranged formally,” Larry Kudlow said at the Peterson Institute for International Economics, a Washington think tank. “He’s also indicated that if the meeting doesn’t come to pass, there may be consequences.”

    The remarks followed comments by Trump on Monday. “We are expected to meet. If we do, that’s fine and if we don’t, that’s fine,” Trump said on CNBC.

    The meeting request comes as the Trump administration is considering tariffs on about $300 billion in imports from China not previously hit by duties. Both leaders are set to attend the G-20 summit at the end of June.

    www.marketwatch.com
 
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