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‘Shocking’ and ‘bogus’: China’s foreign ministry rebukes Kudlow for trade remarks

  • The U.S. and China have so far imposed tariffs on $34 billion worth of each other’s goods amid a full-blown trade war that has roiled financial markets.
  • On Wednesday, Larry Kudlow, who head’s the White House Economic Council, said that while some lower-ranking Chinese officials were prepared to reach a deal, President Xi Jinping was refusing to compromise over Beijing’s trade policies.
  • In response, China’s foreign ministry spokesperson Hua Chunying said: “That the relevant United States official unexpectedly distorted the facts and made bogus accusations is shocking and beyond imagination.”

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