US trade with China probably needs to be smaller, USTR's Greer says

U.S. Trade Representative Jamieson Greer stated that trade with China needs to be more balanced and smaller to reduce dependence, with a 25% drop in goods trade seen as positive. He indicated that President Trump's policies are fostering this shift, aiming for stability rather than conflict. The U.S. is also focused on boosting domestic industrial production of strategic goods.