Jamieson Greer Says US-China Trade Enters ‘Managed’ Phase With Deficit Set To Fall To $140B

U.S. Trade Representative Jamieson Greer said Friday that the U.S. and China are now in a “managed trade situation” with Washington’s goods trade deficit with Beijing down by nearly 40%.“Our view with the Chinese is we have extensions from time to time,” Greer said in an interview with CNBC. “At th…