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HOUSE_OVERSIGHT_026879

House Oversight Committee
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Via Skype Getty images . T:10 AM

RLK: And indeed for the entire economic relationships and standards of living of all people. There are real issues and I think we need to discuss them. But right now, China is sending signals by what it's doing, that it wants to ratchet down the trade war. It recognizes that it cannot be TRADE unresponsive. H OW

U.S. slapped $200 bn worth of tariffs on China Monday

Via Skype Getty images

RLK: In China, the legitimacy of the 1

government and indeed of the Communist Party is based upon two cardinal factors. One is the economy. This is the 40th year of China's reform and opening up — truly an economic miracle, an astonishing increase in standards of living.

1 HOW FAR CAN U.S.-CHINA DISPUTE GO? INR _ US. slapped $200 bn worth of tariffs on China Monday £:30 AM CET @ttolmesCNN

HOUSE_OVERSIGHT_026879