The first of the two orders Trump will sign calls for completion of a large-scale report to identify "every form of trade abuse and every non-reciprocal practice that now contributes to the US trade deficit, " said Commerce Secretary Wilbur Ross.
Relations between the USA and China have been uncertain since Trump's election.
The trade imbalance could be resolved by improved cooperation, Zheng said, urging Washington to lift restrictions on civilian technology exports to China and create better conditions for Chinese investment in the United States.
He will host Chinese President Xi Jinping this Thursday and Friday at his Mar-a-Lago retreat in Florida, where trade is expected to be a central talking point as well as North Korea and China's ambitions in the South China Sea. Recent failures such as the death of the American Health Care Act and the ongoing investigation of Trump's ties to Russian Federation are not only casting a heavy shadow, they're coming to define his early presidency.
The timing of the meeting appears tricky, with a USA review of China's market-economy status under the World Trade Organization expected to be announced as early as this week.
From 2001 to 2016, American exports of services to China increased 15-fold, with the United States service trade surplus rising 29-fold, according to statistics from China's Ministry of Commerce.
The study also will examine the effects of trade deals that have failed to produced forecast benefits, Ross said.
Despite Trump's campaign rhetoric, Ross said the report would not focus extensively on currency manipulation, which is under the purview of the U.S. Treasury Department.
India's central bank holds rates at 6.25 percent
Equity markets in AEs were driven up by reflation trade, stronger incoming data and currency movements. One, the overnight rate will now move closer to the repo rate at 6.25 per cent.
President Donald Trump is predicting "a very difficult" meeting next week with Chinese President Xi Jinping, citing trade deficits and lost jobs. This will be the first meeting between Xi and Trump. A White House official said he signed the orders later.
"It's a little bit hard to say that someone is an evil-doer if they are providing a product we can't", he said.
"The jobs and wealth have been stripped from our country", he said, vowing to put that to an end.
Soon after taking over, Trump triggered criticism from China by having a phone conversation with the President Tsai Ing-wen of Taiwan, which Beijing sees as a breakaway region.
"We've under collected 2.8 billion of these duties" said Peter Navarro, a top Trump trade advisor outlining the plan.
Ross has promised tougher enforcement of USA trade laws and more anti-dumping and anti-subsidy cases initiated by the Commerce Department, rather than relying on companies to claim injuries from imports.
The yuan fell 6.5 percent previous year in its biggest annual loss against the dollar since 1994, knocked by pressure from sluggish economic growth and a broadly strong US currency. The US Commerce Department and the US trade representative will be required to conduct a 90-day review of the causes of the massive US trade deficits.
This is both an acknowledgement that the relaxed relationship enjoyed by President Xi and Obama was an important step forward for Sino-U.S. ties that either country should revisit and perhaps an intelligent act of political clairvoyance.