Zha Daojiong & William Foster
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In the midst of roiling trade tensions between the United States and China, last week Treasury Secretary Steve Mnuchin led a delegation of Donald Trump’s top economic advisors to Beijing. Demands were made in both directions and talks were inconclusive. Beijing said “relatively big” differences remain. Unmet were the Trump administration’s requests of a reduction of up to U.S.$200 billion in the United States’ trade deficit with China of...
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