Larry Kudlow on China

choi

(1) 艾米, 特朗普贸易战新目标：中国贸易逆差. 法广, Mar 15, 2018.
http://cn.rfi.fr/%E7%BE%8E%E6%B4 ... 3%E9%80%86%E5%B7%AE

Note:
(a) "3月7号特朗普在一个推文说，已要求中国政府展开计划将两国间的贸易失衡减少10亿美元。但白宫发言人对推特予以澄清，指出，应该再加两个零，总统的意思是1000亿美元。"
(i) Trump's tweet: "China has been asked to develop a plan for the year of a One Billion Dollar reduction in their massive Trade Deficit with the United States. Our relationship with China has been a very good one, and we look forward to seeing what ideas they come back with. We must act soon! 7:10 AM - 7 Mar 2018"
https://twitter.com/realdonaldtr ... 91930552322?lang=en
(ii) On Mar 14, 2018 "White House spokesman Serah Huckabee Sanders said in a press briefing, 'It was a typo, and the Trump meant $ 100 billion.' "  O am quoting an online news report dated Mar 14, but I can not find it in the www.whitehouse.gov.
(b) "美国媒体报道称,特朗普政下一步可能会向中国的进口产品征收相当于600亿欧元的关税。"

Adam Behsudi and Andrew Restuccia, Trump Demands Aides Pump up Anti-China Tariffs. Politico, Mar 13, 2018.
https://www.politico.com/story/2 ... hina-tariffs-460416
(c) "据美国人口调查与统计局 [Census Bureau] 数据资料，美国2017年记录的美中贸易逆差达3750亿美元，占对外5660亿美元贸易逆差的2/3以上。"

(2) 达扬 and  叶宣 （德新社，明镜周刊，卫报）, 白宫新经济顾问：应给中国一个强硬回答.
www.dw.com/zh/白宫新经济顾问应给中国一个强硬回答/a-42986029?&zhongwen=simp

Note:
(a) "这位保守派的电视主持人和经济分析师周三接受美国CNBC电视台采访时表示：'长期以来，中国一直不遵守游戏规则。我本来是一个反对关税的人，但我必须说，应该给中国一个强硬的回答。"他表示，应该有更多的国家团结起来，在贸易问题上共同对付中国。' "
(i) Jeff Cox, Larry Kudlow, New Chief Economic Advisor to Trump, Says China 'Has Earned a Tough Response.'  CNBC, Mar 14, 2018.
https://www.cnbc.com/2018/03/14/ ... tough-response.html
(" 'I must say as somebody who doesn't like tariffs, I think China has earned a tough response not only from the United States,' Kudlow said on CNBC's 'Closing Bell' ")
(ii) News release: CNBC Exclusive: CNBC Transcript: Senior Contributor Larry Kudlow on CNBC's 'Closing Bell' Today. CNBC, Mar 14, 2018.
https://www.cnbc.com/2018/03/14/ ... ing-bell-today.html
(iii) Berkeley Lovelace Jr, Cramer: On China Trade, 'There's No Distance Between' Trump and Kudlow Now. CNBC, Mar 15, 2018 (news report; Jim Cramer is Kudlow's longtime colleague and friend).
(b) "库德罗没有读完在普林斯顿大学的经济和政治学硕士课程，但凭借个人努力和才华，他很快在华尔街初露头角，并曾在里根时期就职于白宫预算办公室。"

(c) "库德罗反对特朗普不加区别地对所有国家的钢铝产品增收关税，但似乎并不反对对中国这样做。他在纽约AM970电台表示：'我可以保证，整个欧洲到最后都会被豁免。我跟你打赌，在亚洲的美国盟友也会最终受到豁免。只有中国不会被豁免。' "
(i) Lawrence Kudlow, Mr President, Tariffs Are Really Tax Hike. CNBC, Mar 5, 2018 ("Kudlow's Corner")
https://www.cnbc.com/2018/03/03/ ... ally-tax-hikes.html
(ii)
(A) "The Cats Roundtable with John Catsimatidis" every Sunday morning at 9 am in New York on 970 AM this past Sunday had Kudlow as a guest. Kudlow also hosts "Larry Kudlow Show”, broadcasts every Sunday from 11:00 am to 1:00 pm ET on AM 970."
www.catsimatidis.com/larry-kudlo ... meeting-market-440/
(B) Naomi Ling, Larry Kudlow: 'All of Europe Is Going to Wind up Being Exempt' from Trump's Steel, Aluminum Tariffs. Washington Examiner, Mar 11, 2018
https://www.washingtonexaminer.c ... el-aluminum-tariffs

choi

(3)  Nick Timiraos, Trump Considers Kudlow After Cohn. Wall Street Journal, Mar 14, 2018 (print).

Quote:

(a) "Mr Kudlow's candidacy for the post is notable because the former Wall Street economist has repeatedly and publicly criticized Mr Trump's position on trade. He has also voiced alarm with rising budget deficits, Mr Trump's apparent preference for a weaker dollar, and the president's desire to use trade deficits as a report card on economic vitality.

" 'We don't agree on everything but in this case U think that's good,' Mr Trump told reporters on Tuesday [Mar 13, 2018]. 'I want to have a divergent opinion. We agree on most.'

(b) Mr Trump said on Tuesday that Mr Kudlow 'has come around to believing in tariffs as also a negotiating point.'

My comment: There is no need to read the rest of this report.

(4) Larry Kudlow
https://en.wikipedia.org/wiki/Larry_Kudlow
(1947- ; host of CNBC's The Kudlow Report [Kudlow's hosting with CNBC was: 2001-2008, 2009-2014: en.wikipedia.org for "The Kudlow Report"] )

Quote: "Kudlow graduated from University of Rochester in Rochester, New York with a degree in history in 1969. * * * In 1971, Kudlow attended Princeton University's Woodrow Wilson School of Public and International Affairs, where he studied politics and economics. He left before completing his master's degree.  Kudlow began his career as a staff economist at the Federal Reserve Bank of New York, taking a position 'as a junior economist in a job where a master's degree wasn't required.' He worked in the division of the Fed that handled open market operations.  During the first term of the Reagan administration (1981–1985), Kudlow was associate director for economics and planning in the Office of Management and Budget (OMB), a part of the Executive Office of the President. While he worked at the OMB, Kudlow was also an advisory committee member of the Federal Home Loan Mortgage Corporation, more commonly known as Freddie Mac. In April 2005, New York Governor George Pataki included Kudlow in a six-member state tax commission.

My comment:
(a) I read (3) yesterday, suspected Mr Kudlow does not has a PhD in economics, and was disinclined to believe.
(b) Mr Kudlow will lead National Economic Council (United States)
https://en.wikipedia.org/wiki/National_Economic_Council_(United_Stat
(1992- ; head is titled "director")

, not, as some news reports incorrectly state, Council of Economic Advisers
https://en.wikipedia.org/wiki/Council_of_Economic_Advisers
(1946- )

Both are part of White House, but I can not tell them apart. "From 1982 to 1983, [Paul] Krugman spent a year working at the Reagan White House as a staff member of the Council of Economic Advisers." Wikipedia.