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China's offer to help Trump reduce US trade deficit: $200-bn shopping spree

A source said that US aircraft maker Boeing Co would be a major beneficiary of the Chinese offer if Trump were to accept it

Reuters  |  Washington 

China has offered US President Donald Trump a package of proposed purchases of American goods and other measures aimed at reducing the US trade deficit with China by some $200 billion a year, US officials familiar with the proposal said. The offer came during the first of two days of US-China trade talks in Washington aimed at resolving tariff threats between the world's two largest economies, but it was not immediately clear how the total value was determined. One of the sources said US aircraft maker Boeing Co would be a major beneficiary of the Chinese offer if Trump ...

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First Published: Fri, May 18 2018. 08:22 IST
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