ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Trade war

Talks with China still on for next month, says Trump adviser

Kudlow calls deputy-level trade discussions 'quite constructive'

White House chief economic adviser Larry Kudlow hailed progress on negotiations between Japan's trade minister and the U.S. trade representative over a proposed free trade agreement.   © AP

WASHINGTON (Reuters) -- The Trump administration is still planning for a round of in-person talks between U.S. and Chinese officials in September after a constructive exchange this week between deputy-level negotiators, White House economic adviser Larry Kudlow said on Thursday.

Kudlow also said trade talks underway between Japanese Economy Minister Toshimitsu Motegi and U.S. Trade Representative Robert Lighthizer were yielding pretty good progress on agriculture and telecoms issues.

"The deputies' call [with Chinese officials] was quite constructive and this may lead to a meeting of the principals here in Washington, D.C.," Kudlow said, referring to a teleconference involving deputy-level officials on Wednesday.

He added that the deputies had agreed to another conference call and were working through some of the key issues to make recommendations to the principals.

"We are still planning for the Chinese team to come over here in September," Kudlow said, declining to name a date.

The United States and China have been locked in a heated months-long trade dispute with tit-for-tat tariffs that have roiled markets and weighed on growth.

Earlier this month, Trump backed off a Sept. 1 deadline for imposing tariffs on thousands of Chinese imports and officials in Beijing and Washington announced renewed trade discussions.

But little progress has been seen after trade talks between the world's top economies broke down in May. Some economists now fear the trade war with China could spur a U.S. recession, hurting Trump's reelection chances in 2020.

Kudlow dismissed fears of a downturn, noting "We don't anticipate anything but a solid strong economy." He also called talks with Japan a "very good story."

But Japan's Motegi on Wednesday noted there were still gaps that needed to be filled before Tokyo and Washington could agree on a bilateral trade deal and that negotiations with his U.S. counterpart were "very tough."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media