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World News Story: China Said to Offer Trump $200 Billion Cut in U.S. Trade Deficit

China has offered President Donald Trump a $200 billion reduction in its annual trade surplus with the U.S. by increasing imports of American products and other steps, said a Trump administration official.


Posted: 2018-05-18 01:24:30

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Trump wants China to cut trade deficit by $200 billion by ...

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Striking an assertive position, the Trump administration has asked China to reduce its trade deficit with the U.S. by $200 billion by the end of 2020.

US wants China to cut trade deficit by $200 billion

(Fri, 04 May 2018 23:09:00 GMT)

President Donald Trump had said he wanted Beijing to cut the chronic US trade deficit, which Washington says stood at a record $375.2 billion last year, by $100 billion.

Trump team demands China slash U.S. trade surplus by $200 ...

(Fri, 04 May 2018 18:52:00 GMT)

WASHINGTON/BEIJING (Reuters) - The Trump administration has drawn a hard line in trade talks with China, demanding a $200 billion cut in the Chinese trade surplus with the United States, sharply lower tariffs and advanced technology subsidies, people familiar with the talks said on Friday.

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The main barriers to a US-China trade deal: from US$200 billion deficit cuts to better market access

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