White House’s National Economic Council head Larry Kudlow warned China that “they better not underestimate the president,” and Trump is “going to stand tough” on trade war.
He added that “we are coming together with the European Union to make a deal with them, so we’ll have a united front against China and, I think, most of our trade team would tell you, we’re moving close on Mexico.” So, “China is increasingly isolated with a weak economy.”
Regarding the trade negotiations with the EU, he said “we will have a number of announcements coming up, I hope, in the next thirty or so days with respect to transactions and market opening and increased investments with the European Union.”
