Trump Administration Seeks $100 bln Cut in U.S.-China Trade Deficit -WSJ

Posted by Michelle Howard
Thursday, March 8, 2018

The Trump administration last week asked a top Chinese economic official for a $100 billon reduction in the U.S.-China trade deficit, the Wall Street Journal reported on Thursday, citing people familiar with the matter.


The report comes one day after U.S. President Donald Trump on Wednesday tweeted that China had been asked to develop a plan to reduce its trade surplus with the United States, but cited "a One Billion Dollar reduction."


Wrting by Susan Heavey

Categories: Finance Government Update

Related Stories

Fugro Adds More Survey Work off Timor-Leste

Southeast Asia Plans 100 GW-Plus Gas Power Expansion Despite LNG Risks

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

Iran Restores Half of Damaged South Pars Gas Field Capacity

Oil Drops as Hormuz Reopening Prospects Ease Supply Concerns

TPAO Eyes Karabakh Offshore Expansion with SOCAR

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

ABS Backs Hanwha Ocean’s Standardized FPSO Design

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

Current News

Eni Confirms Sapukala Deepwater Block Award in Indonesia

Fugro Adds More Survey Work off Timor-Leste

Southeast Asia Plans 100 GW-Plus Gas Power Expansion Despite LNG Risks

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

South Korea Aims to Cut Middle East Crude Dependence to 50% by 2035

Iran Restores Half of Damaged South Pars Gas Field Capacity

Oil Drops as Hormuz Reopening Prospects Ease Supply Concerns

ONGC Strikes Gas in Deepwater Well off India

PTTEP, Valeura Greenlight Bussabong Gas Development off Thailand

QatarEnergy's LNG Expansion Faces Delays from Hormuz Crisis

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com