Trade talks fizzle as China rebuffs key Trump team demand - News Summed Up

Trade talks fizzle as China rebuffs key Trump team demand


In a stern speech that kicked off Wednesday’s talks, Ross pointed out that China accounts for nearly half of the U.S. trade deficit in goods and called for rebalancing the relationship. “As President Trump has made clear at Mar-a-Lago, the fundamental asymmetry in our trade relationship and market access must be addressed. We must create more balance in our trade by increasing exports of made-in-America goods to China,” Ross said. “Trade between China and North Korea grew almost 40% in the first quarter. Trade between China and North Korea grew almost 40% in the first quarter.


Source: Washington Post July 20, 2017 00:35 UTC



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