President Trump’s newly minted chief economic adviser Larry Kudlow defended the administration’s escalation of tariffs targeting China over intellectual property theft, accusing the Chinese government of violating international trade laws.
In an interview on AM 970 in New York, Kudlow told host John Catsimatidis that no tariffs against China have actually been implemented yet, but that the decision was “necessary” to combat China’s illegal practices.
“No tariffs have been implemented. Now, they may be over time, they may be, depending on whether China wants to talk to us and negotiate,” Kudlow said. “A lot of this is going to depend on China. So far China has not responded to President Trump on these … you know, they’re stealing our technology, they have tall trade barriers, and they’re breaking a lot of laws.”
Read more at The Hill.