The United States and China have reached a deal on measures to reduce the trade deficit between the two countries. The two largest economies in the world said that they had arrived at a consensus on how to “substantially” reduce the deficit.
The Trump administration has unveiled a list of hard-line demands as part of trade talks with China. The demands threaten to sabotage any hope for a diplomatic solution to the potential trade conflict between the US and the Asian country.
Steven Mnuchin discussed the Trump Administration’s goal of overhauling U.S tax-code by August, in one of his more public appearances since being nominated Treasury Secretary earlier this month
Donald Trump is the first billionaire President of the United States and one of the biggest campaign promises he made was to “drain the swamp in Washington”.
