WASHINGTON (REUTERS) — Top aides to President Donald Trump look to push a tough line on trade in talks on Thursday (March 1) with an envoy of Chinese President Xi Jinping, with a White House official saying a frank exchange of views was expected.. Read more at straitstimes.com.
WASHINGTON (REUTERS) — Top aides to President Donald Trump look to push a tough line on trade in talks on Thursday (March 1) with an envoy of Chinese President Xi Jinping, with a White House official saying a frank exchange of views was expected.
Aides say Trump has been increasingly frustrated by the soaring US trade deficit with China, which was US$375 billion (S$500 billion) in 2017, and is considering slapping tariffs on imported steel and aluminum.
That would raise the prospect of retaliation from Beijing and what some analysts see as a possible trade war.
US Treasury Secretary Steven Mnuchin, US Trade Representative Robert Lighthizer and White House economic adviser Gary Cohn will meet jointly with Chinese economic adviser Liu He and his delegation at the White House, the official said on Wednesday, requesting anonymity to discuss the meeting.
