March 8, 2018 / 2:33 PM / 12 days ago

Trump administration seeks $100 billion cut in U.S.-China trade deficit: WSJ

WASHINGTON (Reuters) - The Trump administration last week asked a top Chinese economic official for a $100 billon reduction in the U.S.-China trade deficit, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

FILE PHOTO: Shipping containers are seen at the Port Newark Container Terminal in Newark, New Jersey, U.S. on July 2, 2009. REUTERS/Mike Segar/File Photo

The report comes one day after U.S. President Donald Trump on Wednesday tweeted that China had been asked to develop a plan to reduce its trade surplus with the United States, but cited “a One Billion Dollar reduction.”

Writing by Susan Heavey; Editing by Chizu Nomiyama

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