Kudlow Says Don’t Rule Out Positive Surprises in U.S.-China Trade Talks

The transcript discusses the impact of economic slowdown on US-China relations, highlighting the US's relatively strong economic position compared to China's challenges. It mentions upcoming negotiations between the two countries, focusing on key issues like tariffs and technology transfer. The US has postponed tariff increases as a goodwill gesture, and there is cautious optimism about potential positive outcomes from the talks. The Kudlow Axiom emphasizes the importance of dialogue, suggesting that talking is better than not talking.

What is the U.S. economic growth rate mentioned in the discussion?

• 1.5%

• 2.5%

• 3.5%

• 4.5%

Which of the following issues is NOT mentioned as a topic for the U.S.-China negotiations?

• IP Theft

• Climate Change

• Tariffs

• Cyber Hacking

What gesture has China made as a sign of goodwill in the negotiations?

• Buying commodities

• Improving supply chains

• Increasing GDP

• Reducing tariffs

Who are the key negotiators mentioned in the discussion?

• Federal Reserve Chair and Treasury Secretary

• President and Vice President

• Ambassador Bob Light hyzer and Secretary Steve Mnuchin

• Secretary of State and Defense Secretary

What is the Kudlow Axiom mentioned in the discussion?

• Better to act than to wait

• Better to predict than to assume

• Better to talk than not to talk

• Better to negotiate than to fight