U.S. Asks China for Plan to Reduce Trade Deficit by $100 Billion Trump’s tweet says request was for a $1 billion cut annually—less than 0.3% of the countries’ annual trade gap

Again, no one expects the general public to understand economics. But this is an insane demonstration that Trump does not understand finance or economics either, and definitely doesnt understand what causes trade deficits. https://t.co/wY2bIoULRM

— Kurt Eichenwald (@kurteichenwald) March 8, 2018