"The vibe in Beijing is good," Kudlow told Fox News Channel in an upbeat assessment of the U.S.-China talks that are set to conclude on Friday in Beijing. U.S. tariffs on $200 billion worth of imports from China are scheduled to rise to 25 percent from 10 percent if the two sides don not reach a deal by March 1, increasing pressure and costs in sectors from consumer electronics to agriculture. Although U.S. President Donald Trump said earlier this week that an extension of the deadline was possible if a "real deal" was close, Kudlow, director of the National Economic Council, said the White House had made no decision on that.
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