After months of bashing China for its trade practices, the Trump administration said it had agreed with Beijing on a broad range of measures aimed at improving the access of American beef producers, electronic-payments providers and natural-gas exporters, among others, to the world’s second-largest economy, The Wall Street Journal reports. Some items on a 10-point plan the White House released Thursday address longstanding irritants between the two countries, as both governments strive to show warming ties while seeking cooperation on a range of economic and diplomatic issues like North Korea’s nuclear program. Others are general principles and may not ensure concrete policy changes beyond promises to try to expand commerce in certain sectors. It is unclear how much, if at all, the changes would reduce the U.S. trade deficit with China, which reached $347 billion last year and has been a major complaint of Mr. Trump’s.
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