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 goodwill gesture has China made in relation to commodities?

What is the significance of the Kudlow Axiom mentioned in the text?