Boosting U.S. Exports to China by $200 Billion Is a Tricky Task [The New York Times]
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Source: The New York Times
President Trump is trying to broker a deal to bring down the national trade deficit with China. Experts doubt his goal is achievable. Image An F18-C Hornet fighter jet on the U.S. navy aircraft carrier the USS Harry S. Truman. Credit Aris Messinis/Agence France-Presse — Getty Images By Jim Tankersley May 18, 2018 Dear Xi Jinping, Could we interest you in 500 million metric tons of soybeans? How about five Ford-class aircraft carriers and 465 F/A-18 fighter jets ? Forty trillion cubic feet of liquefied natural gas ? Around 2.8 billion barrels of crude oil ? Two and a half million Tesla Model X SUVs ? We’re just trying to make the math work here. Negotiators from Mr. Xi’s government have offered the Trump administration a deal to buy $200 billion of American goods, in order to defuse escalating trade threats between the United States and China — including Mr. Trump’s vow to impose tariffs on as much as $150 billion of Chinese imports. The pu
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