Trump Asks China for Plan to Cut $100 Billion Off U.S. Trade Gap
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The Trump administration asked China for a plan to cut the annual U.S. trade deficit with the nation by $100 billion, a reduction of more than 25 percent from last year’s gap, a White House official said.
The U.S. trade shortfall in goods with China surged 8.1 percent during the first year of Trump’s presidency, reaching a record $375 billion, according to Commerce Department data released last month.