US commerce secretary in Beijing for talks on trade surplus
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June 3, 2018
BEIJING (AP) — U.S. Commerce Secretary Wilbur Ross arrived in Beijing on Saturday for talks on China's promise to buy more American goods after Washington revived tensions by renewing its threat of tariff hikes on Chinese high-tech exports.
The talks focus on adding details to China's May 19 promise to narrow its politically volatile surplus in trade in goods with the United States, which reached a record $375.2 billion last year.
President Donald Trump threw the status of the talks into doubt this week by renewing a threat to hike tariffs on $50 billion of Chinese goods over complaints Beijin...
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