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

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

CNOOC Puts New South China Sea Development Into Production Mode

Mubadala Energy, PLN Energy Primer Team Up for Andaman Sea Gas Supply

BP Hires Seatrium to Deliver Tiber FPU in Gulf of America

Greater Sunrise Moves to Next Phase with Timor-Leste, Woodside Deal

Current News

OE’s 2025 Top of the Festive Video Pops: Santa Goes Offshore

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

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