National Economic Council Director Larry Kudlow on Friday said China should not underestimate President Trump’s desire to seek a reduction in tariffs and non-tariff barriers after the latest round of trade escalation between the world’s two largest economies. “The Chinese had better not underestimate the determination of President Trump to follow through and seek zero tariffs and non-tariff barriers, and subsidies, and a level playing field and major reforms in [intellectual property] theft and forced transfer of technology,” Kudlow said...