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Trump's China ‘deal’ panned by some lawmakers; industry groups question U.S. leverage

May 21, 2018 at 3:37 PM
The Trump administration is facing bipartisan criticism from lawmakers concerned about a provisional trade agreement with China. On Saturday, the U.S. and China released a joint statement saying the two countries had agreed to “substantially reduce” the U.S. trade deficit with China, with Beijing agreeing to purchase an unspecified additional amount of U.S. goods and services, including more U.S. agriculture and energy products. The agreement led Treasury Secretary Steve Mnuchin on Sunday to declare that the “trade war” with China...


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