Both China and the U.S. seek to avoid a damaging tariff war, although U.S. President Trump's administration was demanding a $200 billion cut in China's U.S. trade surplus and greater protections for intellectual property, David Lawder at Reuters reported earlier.
In more recent trade, however, Reuters sources who are familiar with trade talks have said that China has indeed offered Trump a US trade deficit reduction package approaching $200 billion annually.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.