Singapore Markets closed

Trump adviser says he is 'cautiously optimistic' on trade deal with China

FILE PHOTO: U.S. President Donald Trump speaks during a meeting at the White House in Washington, U.S., February 22, 2019. REUTERS/Carlos Barria/File Photo

WASHINGTON (Reuters) - A top White House economic adviser said on Tuesday he was "cautiously optimistic" the United States would strike a trade deal with China and that a lot of progress was being made in negotiations.

Speaking at a luncheon at the National Press Club, National Economic Council Director Larry Kudlow said the two nations still had issues to address and were discussing a "visitation exchange" as part of their ongoing talks.


(Reporting by Alexandra Alper and David Alexander; Editing by Doina Chiacu)