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Roughly $375 billion. in the first round of negotiations, both sides agreed to cut that by more than half. as the negotiations play out, the u.s. is pushing china for help with north korea ahead of president trump's summit with kim jong un. on fox news sunday, steve mnuchin said that issue will not influence the trade talks. >> i don't think we're going easy on the trade talks at all. we have a very good framework agreement that's not just about buying goods. it's about structural changes. it's about lowering tariffs. >> reporter: the white house is pushing back on suggestion that's it's looki...

States. arthel: garrett tenney with more. garrett, a lot of entangment there. >> the white house is feeling optimistic after initial rounds with china, china will buy more goods and services and significantly increase import of american agriculture and energy, this is part of a larger effort to reduce the u.s. trade deficit with beijing and that trade deficit currently stands at around $375 billion. on friday, administration officials suggested this new agreement would cut that by more than half. however, today white house economic adviser larry kudlow said it's rough estimate and progress is ...

Administration will not be imposing tariffs on chinese products while these negotiations continue but they can't -- can still decide to enact them later on depending on the deal they reach. the deficit last year was $375 billion, in the first round of negotiations, both sides agree to cut that by more than half but as these negotiations play out, the u.s. is also pushing china for help for north korea, fox news sunday treasury secretary steve mnuchin says that issue will not influence the trade talks. >> i don't think we are going easy on the trade talks at all. i think for the first time many...

They decide not to impose tariffs on chinese products while the negotiations play out. the trade deficit with china last year was roughly 375 billion dollars. in the first round of negotiations, both sides agreed to cut back by more than half. as he slapped the us is also pushing china for help with north korea head of the presidents summit with him gently. on fox news under the treasury secondary steve mnuchin said the issue will not influence this. >> i don't think will go easy on trade talks at all. leave a very good framework agreement that is not just about buying goods. it is about struc...

Capital spending. $166 billion during the first three months of 2018. a 24% jump. capital spending helps the broader economy. biggest spenders like tech, oil, telecom and carmakers. he criticized the initial rush to spend on the shareholders. noting share buy backs are unpopular with the public. and in raises or bonuses, $6 billion. and in buyback, $375 billion. that is the windfall is going. >> good news if you are a republican running on the tax cuts? >> i think it is good news. i'm glad the companies are spending this money. this could be the best first quarter in history. >> i hope we see ...