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Trump Presses China to Buy More U.S. Chips

Dylan McGrath, EETimes
3/27/2018 00:01 AM EDT

SAN FRANCISCO — China is considering buying more semiconductors from U.S. firms as part of behind-the-scenes negotiations to reduce the U.S. trade deficit with China and avert a trade war, according to reports.

The Wall Street Journal reported on Monday that the Trump administration wants to increase sales of U.S. cars and semiconductors in China as part of a plan to cut the bilateral trade deficit with China — estimated to be about $375 billion — by $100 billion. The Wall Street Journal report cites anonymous sources said to have knowledge of the negotiations between the two nations.

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