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Trump will meet Mnuchin at  11am Thursday local time  (1600GMT).  

The news comes after the US trade gap with China  hit a record level, in a blow to president Trump’s America First policies:

  • US trade gap hits $621bn –  a ten-year high.
  • Despite tariffs, the trade gap with China at record.
  • US trade deficit for December widened to -$59.8bn as exports fell 1.9%, for a third month in a row, while strong domestic demand saw imports rise 2.1%.