White House economic adviser Larry Kudlow said an agreement on a new North American Free Trade Agreement would demonstrate the U.S. can avoid a trade conflict with China.
President Donald Trump doesn’t want “a trade war, I don’t want a trade war, I don’t expect one. I think this is all going to get resolved, I really believe, over time,” Kudlow said at an event in Washington on Tuesday. “The first step here is Nafta. I think if we can get a deal on renewing Nafta and changing Nafta to our liking, that really would be a very good kind of foundation to move on.”