NEC's Kudlow Stresses 'Good Vibe' of U.S.-China Trade Talks

The transcript discusses recent trade talks between the US and China, highlighting optimism from both sides despite unresolved issues. Key topics include intellectual property theft, technology transfer, and enforcement mechanisms. The Chinese economy's softening and its shift away from market-based reforms are noted as concerns. The talks aim to open markets and establish fair trading practices, with future discussions planned. Huawei was not a focus in these talks.

What are the potential benefits of a successful trade agreement for both the US and China?

What role does the issue of IP theft play in the trade discussions?

What was the overall outcome of the recent trade talks according to the speaker?