News Snapshot:
Business Reuters Aug 12, 2020 Share White House National Economic Council Director Larry Kudlow speaks in the Roosevelt Room at the White House in Washington, on April 7, 2020. (Kevin Lamarque/Reuters) WASHINGTON—China is continuing to buy U.S. goods, particularly commodities, under its Phase 1 trade deal with the United States, despite rising tensions over Hong Kong and other issues, top White House economic adviser Larry Kudlow said on Tuesday. Asked if deteriorating ties between the world’s two largest economies on other fronts could result in the trade deal being thrown out the window, Kudlow said, “No, no.†“The one area...
