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. Last Updated: 07/27/2016

U.S.-China Trade

BEIJING -- China will face problems with the United States unless there is a change in the "dramatic imbalance" in bilateral trade, U.S. Commerce Secretary William Daley said Wednesday.

Daley urged President Jiang Zemin to further ease trade barriers that the United States says are keeping out foreign goods and services and aggravating trade surplus, expected to rise to $44 billion this year.