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- Larry Kudlow, President Donald Trump’s top economic adviser, said China has “got to act like” a First World country.
- The comments came as Kudlow condemned China for intellectual property theft from the US.
- Still, Kudlow questioned whether or not tariffs by the US, meant to penalize China, would actually be imposed.
White House economic adviser Larry Kudlow seemed to harden his stance toward China on Monday, while still maintaining a cautious tone on a flurry of tariffs the Trump administration rolled out last week.
Kudlow, who is the Director of the National Economic Council, said tariff threats on China are a means of cracking down on the country for intellectual property theft. Earlier this year, a US investigation found evidence that Beijing had stolen and coerced information from US companies.See the rest of the story at Business Insider
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See Also:
- US stocks continue recovery as White House walks back trade tensions
- Here’s what China has going for it in a trade war — and what it doesn’t
- Trump says the US has already lost its trade war with China
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