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Capitol Report: Why the China trade gap will get worse this year, no matter what Team Trump comes up with

The U.S. trade deficit with China looks to be headed higher even if China lives up to a pledge to boost agricultural and energy imports.

That’s the conclusion of Brad Setser, a senior fellow at the Council for Foreign Relations, who tweeted out his thoughts in reaction to the deal.

The U.S. ran a $375 billion deficit in goods with China last year, exporting $130.37 billion worth of goods to the Asian giant. On the services side, the U.S. enjoyed a $38.5 billion surplus.

Over the weekend, Treasury Secretary Steven Mnuchin said the U.S. has specific, “industry by industry” targets for boosting exports to China.

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