{"id":35542,"date":"2018-04-05T15:51:25","date_gmt":"2018-04-05T13:51:25","guid":{"rendered":"https:\/\/theworldwidejournal.com\/2018\/04\/05\/white-house-plays-down-trade-war-fears-as-deficit-hits-nine-year-high-business-live\/"},"modified":"2018-04-05T15:51:25","modified_gmt":"2018-04-05T13:51:25","slug":"white-house-plays-down-trade-war-fears-as-deficit-hits-nine-year-high-business-live","status":"publish","type":"post","link":"https:\/\/theworldwidejournal.com\/?p=35542","title":{"rendered":"White House plays down trade war fears, as deficit hits nine-year high &#8211; business live"},"content":{"rendered":"<p>All the day\u2019s economic and financial news, as markets rally on hopes that trade dispute between US and China can be solvedKudlow: Don\u2019t worry about China tariffsUS trade deficit widened in FebruaryEarlier:UK service sector growth hits 20-month lowUK car registrations drop againMarkets rallying, but volatility still looms 2.51pm BST Just in: Larry Kudlow, the president\u2019s chief economic advisor, has played down the risks of a trade war.Speaking to reporters outside the White House, Kudlow argues that the spat with China could have a happy ending &#8211; if it forces Beijing to play fairly.To those fearing US-China trade war, new WH economic advisor Larry Kudlow reminds that no new tariffs enacted yet. Says they&#8217;re just proposals. &#8220;There&#8217;s nothing around the corner.&#8221; Says US tariffs posted for comment &#8220;for a couple of months.&#8221; pic.twitter.com\/aiMRwYxONQIn exchange with reporters in WH driveway, Kudlow says US objective with China is economic growth: &#8220;If you tear down barriers and play by the rules, both sides should benefit.&#8221; Kudlow says Pres &#8220;the first guy in decades to show some backbone on the issue.&#8221; pic.twitter.com\/YfGwJydavg 2.47pm BST Ding Ding! Shares are rising on the New York stock market, on hopes that a trade war between the US and China can be avoided.The Dow Jones industrial average has gained 165 points, or 0.7%, to 24428. That extends yesterday\u2019s late rally.Rebound rally continues as Dow opens more than 120 points higherhttps:\/\/t.co\/XdAHPeggr6 pic.twitter.com\/6UzWienPR3 Continue reading&#8230;<br \/>\nVia: <a href=\"https:\/\/www.theguardian.com\/business\/live\/2018\/apr\/05\/uk-car-sales-slump-markets-rally-trade-war-us-china-services-business-live\" target=\"_blank\">White House plays down trade war fears, as deficit hits nine-year high &#8211; business live<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All the day\u2019s economic and financial news, as markets rally on hopes that trade dispute between US and China can be solvedKudlow: Don\u2019t worry about China tariffsUS trade deficit widened in FebruaryEarlier:UK service sector growth hits 20-month lowUK car registrations drop againMarkets rallying, but volatility still looms 2.51pm BST Just [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-35542","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/35542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35542"}],"version-history":[{"count":0,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/35542\/revisions"}],"wp:attachment":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}