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White House economic advisor Larry Kudlow........>

US
US: White House economic advisor Larry Kudlow speaking on CNBC...White House
still expecting China delegation to visit in September for talks. Reiterates
that Trump open to dropping Sep 1 tariff threat if there is progress.
- Says Chinese currency down 10% in recent months, something 'we can't tolerate'
- 'abrogates a lot of promises' (though could ultimately lead to capital flight
from China). Says damage from this falls mainly on China; if they want to wait,
well, the Chinese economy is crumbling.
- 'Every member in the G7 is behind us' on taking these actions.

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