China to import more from US to balance bilateral trade: Top official

Trump is demanding China to reduce the $ 375 billion trade deficit and protection of intellectual property rights (IPR), technology transfer and more access to American goods to Chinese markets. He has already increased the tariffs on over $ 250 billion Chinese exports to the US and threatened to extend tariffs on $ 200 billion Chinese imports to 25 per cent.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2OnqGJU