White House confirms it is seeking $100 billion reduction in trade deficit with China - DJ

Haresh Menghani FXStreet

According to the latest headlines crossing the wires, via DJ, White House confirms that it is seeking $100 billion reduction in trade deficit with China.

The news comes a week after the Wall Street Journal reported, citing people familiar with the matter that the Trump administration asked a top Chinese economic official for a $100 billion reduction in the U.S.-China trade deficit.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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