Trump Wants $100 B Reduction in China Trade Deficit

This article is a few days old, but the number is now confirmed.

FT: US asks China for $100bn plan to cut trade deficit
The Trump administration wants China to import more cars, aircraft, soybeans and natural gas to meet Washington’s aim of cutting the US bilateral trade deficit by $100bn, according to people familiar with talks between the two countries.

Reducing the trade deficit through higher US exports could ease demands for curbs on Chinese exports to the US — and so help spare goods made by American companies in China from new US import tariffs.
If a deal is reached, the secondary impact will be reduced Chinese imports from other countries because this is a low growth environment.

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