China Denies It Offered Package to Slash U.S. Trade Gap By $200 Billion

Wochit - Friday, 18 May 2018

On Friday, China denied that it had offered a package to slash the U.S. trade deficit by up to $200 billion.

The move comes hours after it dropped an anti-dumping probe into U.S.

sorghum imports, as a gesture to top negotiators meeting in Washington. U.S.

officials had said on Thursday that China was proposing trade concessions and increased purchases of American goods aimed at cutting the U.S.

trade deficit with China by up to $200 billion a year..


Recent related news

Earlier on Friday, China announced that it was ending its sorghum investigation, which had effectively halted a trade worth roughly $1.1 billion last year.
1 week ago • Zee News

BEIJING (Reuters) - China denied on Friday that it had offered a package to slash the U.S. trade deficit by up to $200 billion, hours after it dropped an...
1 week ago • Reuters India

Recent related videos


Bloomberg Global Business -   ▶  04:08



Reuters Studio -   ▶  01:40


You might like