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7/8, 3:28 PM (Source: TeleTrader)
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Kudlow: US-China trade deal still in effect

United States National Economic Council Director Larry Kudlow pointed out on Wednesday that the phase one trade deal between Washington and Beijing is still in effect. Speaking in an interview for Fox News, he clarified that the two sides are still active in implementing the agreement.

"Another shutdown" due to the COVID-19 resurgence in the US "would do more harm than good," underlining that it would be a "big mistake," the White House advisor during an appearance on CNBC.

In addition, he warned that "the great V recovery" could be impacted by any reintroduction on restrictive measures.

Breaking the News / MS