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Cutting $200 billion from U.S.-China trade deficit is a tall order

Reuters  |  BEIJING 

By Kevin Yao and Ryan WooBEIJING (Reuters) - For China to slash its record trade surplus with the United States by up to $200 billion annually, it would have to buy the equivalent of more than 600 Boeing airliners every year. U.S. officials said on Thursday that China was offering U.S. President Donald Trump a package of trade concessions and additional purchases of U.S. goods that would cut the U.S. trade deficit with China by as much as $200 billion a year.But that number would be difficult to hit over several years, let alone one, experts say. It is larger than all of the United States' ...

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First Published: Fri, May 18 2018. 16:14 IST