Kudlow Says There's a 'Good Possibility' of Reaching Trade Deal With China

The transcript discusses a dinner meeting between President Trump and President Xi, focusing on the potential for a trade deal. Key conditions for the deal include resolving issues like intellectual property theft and tariffs. The US economy is portrayed as strong, while China's is seen as weaker. The transcript also outlines the US's tariff policies and potential increases if conditions are not met.

What are some of the conditions mentioned that need to be addressed for a potential deal between the US and China?

• Reduction in military spending

• Resolution of intellectual property theft

• Increase in agricultural exports

• Expansion of cultural exchanges

How is the US economy described in comparison to China's economy in the context of the summit?

• Both economies are in a slump

• The US economy is strong, while China's is in a slump

• Both economies are equally strong

• China's economy is strong, while the US is struggling

What is the potential consequence if the conditions for a deal are not met at the US-China Summit?

• The US will reduce tariffs

• The US will increase tariffs

• China will increase tariffs

• China will reduce tariffs

What is the scheduled increase in tariffs mentioned if conditions are not met?

• From 10% to 30%

• From 10% to 15%

• From 10% to 20%

• From 10% to 25%

What is the additional amount in tariffs that the US might impose if the summit does not result in a deal?

• $100 billion

• $200 billion

• $267 billion

• $300 billion