Senior White House economic adviser Larry Kudlow said that progress on resolving trade differences between the US and China had stalled in the run up to the highly-anticipated meeting between Presidents Xi Jinping and Donald Trump later this week, CNBC reports.
It was now up to Xi to “step up and come up with new ideas” in order to move things forward, Kudlow told reporters.
“We can’t find much change in their approach,” said Kudlow. “President Xi may have a lot more to say in the bilateral [with Mr Trump], I hope he does by the way, I think we all hope he does…but at the moment, we don’t see it.”
Kudlow did offer some optimism later on, saying that the US president feels that there was a “good possibility that a deal can be made,” although “certain conditions have to met with respect to fairness and reciprocity.”