September 26, 2019 / 11:49 PM / a month ago

White House's Kudlow sees trade deal promise in China's commodities markets moves

FILE PHOTO: Director of the National Economic Council Larry Kudlow speaks to the media at the White House in Washington, U.S., September 6, 2019. REUTERS/Joshua Roberts

WASHINGTON (Reuters) - White House Economic Adviser Larry Kudlow on Thursday told FOX Business Network that China’s moves in commodities markets in recent days, namely its purchases of soybeans and pork, helped him believe the country may soon reach a trade deal with the United States.

“I would say that mood music, if you will, is very positive going into the negotiations” with the U.S. and Chinese principles in coming weeks, Kudlow said.

“This is a very, very good beginning. We haven’t seen this kind of thing.”

(This story has been refiled to correct name of network in first paragraph)

Reporting by Lisa Lambert and Susan Heavey; Editing by Chizu Nomiyama

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