October 31, 2018

President Donald Trump’s top economic advisor pushed back slightly on reports that Trump may implement more tariffs on China as the two nations’ trade battle escalates.

“Nothing is set in stone right now,” Larry Kudlow told CNBC on Wednesday, ahead of potential talks between Trump and Chinese President Xi Jinping at the G-20 summit next month.

Washington and Beijing have levied an escalating series of tariffs that raised fears about broader damage to the U.S. economy. Trump has brought up the possibility of slapping tariffs on $267 billion more in imports from China as trade talks between the world’s two largest economies stall.

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https://www.cnbc.com/2018/10/31/kudlow-nothing-is-set-in-stone-right-now-on-trump-talks-with-xi.html