White House Economic Advisor Larry Kudlow: Trade talks with China have been 'unsatisfactory'

Omkar Godbole FXStreet Contributor

White House Economic Adviser Larry Kudlow said that he has been "very involved" in the trade talks with China and that those talks have been "unsatisfactory", according to Kuwait News Agency.

Key quotes (via Fox News network and Reuters)

We've made our asks -- you can't steal America's intellectual property, you can't force technology transfers." He added "just recently, China issued a regulation where their police can hack into American companies in China in order to steal secrets? That is not good. They have tariffs and nontariff barriers."

We want reciprocity. We want rules by the game to be observed, China has not.

President Donald Trump and Chinese President Xi Jinping "will probably meet at the G20 in Buenos Aires, Argentina, later in the year.

The relationship has not been positive lately and we have to have reciprocity in all of these areas, trade, security, military issues. That's what's at stake here.

We have to defend American interests as the president has said many, many times.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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