BEIJING (Reuters) – A U.S. trade delegation wants China to cut a bilateral trade imbalance immediately and to stop subsidizing advanced technology, a Wall Street Journal reporter wrote on Twitter on Friday, citing a document issued to the Chinese before talks.
In the document, the United States asked China to reduce its trade surplus with the U.S. by $200 billion by 2020 and to cut tariffs on all products to levels no higher than those of the U.S., according to the tweet.
A U.S. trade delegation is in Beijing this week to discuss a wide range of U.S. complaints about China’s trade practices, from accusations of forced technology transfers to state subsidies for technology development.
Reporting by Beijing Monitoring Desk; Editing by Kim Coghill
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