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White House economic advisor Kevin Hassett said the Chinese were "very, very eager" to rebalance trade relations with the United States.
Commerce Secretary Howard Lutnick has tried to downplay economic concerns as the U.S. and China engage in trade talks.
U.S. and Chinese officials are meeting in Switzerland for the first major talks since the trade war intensified last month.
Live updates and the latest news as Trump signs a trade deal with the U.K. and the House votes on renaming the Gulf of Mexico ...
Tariffs are a big concern for retailers, particularly large operations like Walmart, Target and Dollar Tree which import ...
Lawmakers scrutinized Trump's budget focusing on border security and tariffs, while Trump met with Canada's Prime Minister ...
Among all U.S. allies being wooed by Beijing in its tariff stare-down with Washington, Japan stands out as a peculiar case.