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US Asks China to Slash US$200B Trade Deficit in 3 Yrs, Stop 'Made in China 2025': Report
US handed out a lengthy trade request during its negotiation with China in Beijing, Wall Street Journal reported, which raised eight requests to China with implementation in one to...
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US Asks China to Slash US$200B Trade Deficit in 3 Yrs, Stop 'Made in China 2025': Report
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2018/05/04 16:23
 
 

US handed out a lengthy trade request during its negotiation with China in Beijing, Wall Street Journal reported, which raised eight requests to China with implementation in one to two years, according to the document obtained beforehand by Wall Street Journal.

The eight requests included slashing US$200 billion trade deficit of US by 2020, compared to US$375 billion deficit between China and US last year. US also requested China to stop providing any means of subsidies and assistance under "Made in China 2025" initiative.

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