Asia

Negotiators from the U.S. and China announced on Saturday that the two nations created a framework for addressing the trade imbalances.

During an initial round of talks this month in Beijing, Washington demanded that China reduce its trade surplus by $200 billion.

An advocate for U.S. retailers is warning of expensive consequences for American consumers if President Donald Trump’s tariffs on U.S. imports from China are imposed.

Toshiba said in a brief statement that it expects the deal to be completed on June 1.

President Donald Trump said on Sunday the U.S. is working to level the playing field regarding trade with China.