The Trump administration pressed China to cut the trade surplus between the countries by $100 billion. A white House representative stated on Wednesday, commenting on a tweet last week from the U.S. president.
Trump tweeted that the U.S. asked China to develop a plan plan to reduce its trade imbalance with the United States by $1 billion. The White House representative noted the president's misprint, saying that Trump had meant to say $100 billion.
In 2017, the USA had a record $375 billion trade deficit with China. It made up two thirds of total U.S. foreign trade deficit, amounting to $566 billion last year, according to U.S. Census Bureau data. China reported its U.S. trade surplus of $276 billion for 2017, which is also about two thirds of its the country’s global surplus of $422.5 billion.
The White House representative denied to provide any details about how, according to the administration, China is to conduct the surplus reduction.