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​US, China have 'lot more work to do' on trade imbalance, Tillerson says

( November 9, 2017, 16:14 GMT | Official Statement) -- MLex Summary: Although the US and China have addressed some trade imbalances, and talks on very specific trade issues continue, the two countries must achieve greater progress in their trade relationship, said US Secretary of State Rex Tillerson. "In the grand scheme of a $300- to $500-billion trade deficit, the things that have been achieved thus far are pretty small," Tillerson said.  "I mean, they're not small if you're a company, maybe, that has seen some relief.  But in terms of really getting at some of the fundamental elements behind why this imbalance exists, there's still a lot more work to do."Speech follows, question and answer section follow in full:...

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