Trump to Xi Jinping: growing U.S. trade deficit with China is not sustainable - UOB

Analysts at UOB Group explained that, in a statement on Tuesday, the White House said that President Donald Trump told Chinese President Xi Jinping that the growing U.S. trade deficit with China is not sustainable.

Key Quotes:

"Trump told Chinese President Xi Jinping that the growing U.S. trade deficit with China is not sustainable referring to higher US trade deficit with China in 2017 although China had recorded a lower trade surplus with the rest of the world. 

Trump and Xi ‘expressed hope’ that resumption of Korean talks ‘might prompt a change in North Korea’s destructive behavior’."