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Trump calls for action to lower $500 billion US trade deficit with China, blames past presidents for trade imbalance

( November 9, 2017, 15:35 GMT | Official Statement) -- MLex Summary: President Donald Trump said that trade between China and the US, which has resulted in an annual $500 billion trade deficit, is unfair and emphasized action on access to markets, forced technology transfers and intellectual property theft. "We must immediately address the unfair trade practices that drive this deficit, along with barriers to market success," Trump said. He blamed policies of past US administrations for the trade imbalance. "But I don't blame China," he said. "After all, who can blame a country for being able to take advantage of another country for the benefit of its citizens?"THE WHITE HOUSE...

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