The U.S. trade deficit with China is....>

CHINA PRESS: The U.S. trade deficit with China is the by-product of U.S. dollar

being the world's reserve currency, and is a cost the U.S. has to put up with,

said Gu Xueming, head of the Chinese Academy of International Trade and Economic

Cooperation under the Ministry of Commerce, according to Economic Daily. 

- If trade conflicts escalate, China may further expand the scope of sanctions

of U.S. agricultural products, as well as retaliate on U.S. aircraft, vehicle,

and integrated circuit products: Gu;

- The U.S. action to increase tariffs on Chinese export of $60 billion in

general does not have a big impact on China's trade: Gu;

- China is drafting a guidance to increase imports and enhance the trade

balance, which will be issued soon: Gu.