US, China agree to pursue 100-day plan for reducing trade deficit

United States and China have agreed to pursue a ‘100-day plan’ aimed at reducing the US trade deficit with China. Decision in this regard was taken by US President Donald Trump and his Chinese counterpart Xi Jinping in their first summit held in Florida, US. They also agreed to adopt the US-China Comprehensive Dialogue. It will replace the Strategic and Economic Dialogue. It is designed to cover 4 fields that include law enforcement, cyber security and economy.

Month: Current Affairs - April, 2017