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White House: US Pressing China to Cut Trade Surplus by $100B

The Trump administration is pressing China to cut its trade surplus with the United States by $100 billion, a White House spokeswoman said Wednesday, clarifying a tweet last week from President Donald Trump. Last Wednesday, Trump tweeted that China had been asked to develop a plan to reduce its trade imbalance with the United States by $1 billion, but the spokeswoman said Trump had meant to say $100 billion. The United States had a record $375 billion trade deficit with China in 2017,...

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