Top White House economic advisor Larry Kudlow pushed back on criticism of the tentative trade agreement with China.
, explaining why he sees the negotiations accelerating toward a more complete agreement.
"People shouldn't be so pessimistic on the China talks and that some good things could happen," Kudlow said on CNBC on Thursday. "For the skeptics out there, I appreciate that and I respect that but I'm telling you that there's a lot of momentum and there's agreement on both sides.", as strategists said the agreement only "focused on the low-hanging fruit.
"There are also going to be various market access openings with respect to agriculture products and agriculture standards that the Chinese seem to be loosening up on," Kudlow said.'s administration are expected to meet with top Chinese trade negotiations in the next couple of weeks. China would like to see more details added to the first part of the trade deal before Chinese President Xi Jinping signs, CNBC reported earlier this week.
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