US/China Trade Wars: Trump will meet Mnuchin at 11am Thursday local time (1600GMT)


Trump will meet Mnuchin at 11am Thursday local time (1600GMT). 

The news comes after the US trade gap with China hit a record level, in a blow to president Trump’s America First policies:

  • US trade gap hits $621bn - a ten-year high.
  • Despite tariffs, the trade gap with China at record.
  • US trade deficit for December widened to -$59.8bn as exports fell 1.9%, for a third month in a row, while strong domestic demand saw imports rise 2.1%. 

 

 

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