Economics
U.S. Sees No Material Virus Impact on Economy, Kudlow Says
- Outbreak won’t be used as leverage in phase-two talks
- China trade pact, USMCA to yield ‘major growth dividends’
This article is for subscribers only.
The U.S. hasn’t seen any major effects on its economy from the coronavirus epidemic, and will refrain from using it as leverage in the second phase of China trade talks, White House economic adviser Larry Kudlow said.
“This is principally a public-health problem and the pandemic of course is in China, not the U.S.,” Kudlow said Thursday in an interview on Fox Business Network. “Insofar as the economy, we see no material impact.”