White House economic adviser Larry Kudlow said on Sunday that he doesn’t believe China will retaliate against additional tariffs on Chinese imports that President Donald Trump announced Friday. Asked on CBS’ “Face the Nation” if he expects retaliation from China, Kudlow said: “I do not. I think his was an action to respond to their action. So I doubt whether they’re going to take another step. I have not heard their official response yet. We’ll have to wait and see.” Trump said the U.S. will raise existing tariffs on $250 billion of Chinese goods to 30% from 25% on Oct. 1. He is also raising tariffs on the remaining ... (full story)