Chuck Schumer

China hopes to placate Trump with promise to buy billions more in U.S. goods

China hopes to placate Trump with promise to buy billions more in U.S. goods

Chinese officials are hoping to mollify President Trump’s oft-stated displeasure with America’s huge trade imbalance with China by pledging to import “at least $200 billion” more in made-in-the-USA products, the director of the White House National Economic Council said Friday.

Larry Kudlow, the president’s chief economic advisor, said that meetings Thursday and Friday with Chinese trade officials went well and that President Trump was more optimistic “than I’ve seen him” that a deal can be reached to avert a global trade war.

“China’s come to trade,” Kudlow told reporters Friday. “They are meeting many of our demands. There’s no deal yet to be sure. It’s probably going to...

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