WH Adviser Kudlow: Further restrictions to US-China airlines are under discussion

Anil Panchal FXStreet

Following comments from the White House Advisor Peter Navarro, during the CNBC interview, another Trump administration member, Larry Kudlow, crossed wires. The diplomat signaled further restrictions on the US-China airlines.

Key quotes

Airlines are placing voluntary restrictions on flights to China.

Further restrictions are under discussion .

FX implications

Risk tone remains heavy while the news crosses wires. While portraying the risk-off, the US 10-year treasury yields touched the lowest place since early October before an hour or so.

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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