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Singapore leader: US should look at self on trade deficit

By Zhao Huanxin in Washington | China Daily | Updated: 2018-06-13 08:21

Lee stresses need for multilateral framework

The reason the United States is running an overall trade deficit is not mainly because of other nations' restrictions, Singaporean Prime Minister Lee Hsien Loong said on Monday.

"If you are spending more than you are producing, that means you will have a trade deficit; if you're spending less than you're producing, that means you will save money or run a trade surplus," Lee said in an interview with CNN's Christiane Amanpour.

Singapore leader: US should look at self on trade deficit

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