Saturday, December 15, 2018

Trump Administration Seeks $100 bln Cut in U.S.-China Trade Deficit -WSJ

Posted by March 8, 2018

The Trump administration last week asked a top Chinese economic official for a $100 billon reduction in the U.S.-China trade deficit, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The report comes one day after U.S. President Donald Trump on Wednesday tweeted that China had been asked to develop a plan to reduce its trade surplus with the United States, but cited "a One Billion Dollar reduction."

Wrting by Susan Heavey

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