Larry Kudlow says Trump's meeting with Chinese president will determine tariff hike

Trump and Chinese President Xi will have a dinner meeting on Saturday.
2:25 | 11/27/18

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Transcript for Larry Kudlow says Trump's meeting with Chinese president will determine tariff hike
In terms of the much discussed. Meeting it's going to be a dinner meeting. Between president trumpet president sheet there's a good possibility. That a deal can be made. And then he is open to that he is open to that president will probably reiterate his view. We want to world ideally. Zero tariffs. Zero non tariff barriers and zero subsidies. I'm not here to critique our second guessed the Chinese economy. But most observers. Believe China to be Islam. Whereas the United States that are very strong solid position going into this summit and he has said as recently as yesterday the day before. If need be if things don't work out in this in this US China summit meeting. He will in Boca and another 267. Some odd billion dollars in terms. What lead him. We see tariffs go to the degree just described. I'm not suggesting. That. Oh winners and losers in that gains complicated game. But on the other hand I think we are in far better shape. To whether this in the Chinese art is it free trade. When there's clear evidence. Of unfair and WTO illegal trading practices by China for several decades. Is that fair is that free is it free when intellectual property. Theft occurs or when. Chinese ownership of American companies force. Trance transference of technology. For American companies the Chinese companies is that fair or high tariffs on agriculture and industrial supplies is that fair. So. President trump is the first president. In I don't know at least twenty years and I'm including Democrats and Republicans. Who not only has made this case but continues to make this case forcefully and to take actions to defend. American workers and our overall economy other presidents in both parties. Have raised the issue and then walked away from O and president Tran obviously doesn't intend to.

This transcript has been automatically generated and may not be 100% accurate.

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