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The Wall Street Journal: To cut trade deficit, White House will urge Japan, Germany to buy American

WASHINGTON—The Trump administration plans to press Japan, Germany and other nations with which the U.S. has large trade deficits, to buy more U.S.-made commercial and military products as a way to boost jobs and reduce the nation’s $500 billion trade deficit.

“Any country we have a significant trade deficit with needs to work with us on a product-by-product and sector-by-sector level to reduce that deficit over a specified period of time,” Peter Navarro, director of the White House’s National Trade Council, said in an interview with The Wall Street Journal. “That can be achieved, if they buy more of our products than they now are buying from the rest of the world, whether it’s chemicals or corn or whether, from a national security perspective, it’s submarines or aircraft.

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