Trump Team Plans $250 Billion in Deals From China Visit

  • Ross unveiled number at meeting of chief executives in Beijing
  • Energy sector expected to reap benefits from U.S.-China talks
Trump Aims to Cut Trade Deficit With China
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The White House expects to announce upwards of $250 billion in business deals in China this week, an administration official said -- exactly the sort of U.S. jobs-based diplomacy that President Donald Trump likes to deliver when traveling abroad.

Commerce Secretary Wilbur Ross boasted of that number in a meeting with chief executives in China on Wednesday, but offered few details, according to two people who attended the meeting. A U.S. official confirmed the amount.