๐Ÿ‡บ๐Ÿ‡ธ

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

Credit: Wochit
Published on May 18, 2018 - Duration: 00:29s

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

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.

Advertisement

Recent related news from verified sources

BEIJING (AP) โ€” The Latest on China-U.S. trade and the tariffs battle between the two biggest economies (all times local): 11:55 a.m. China's politically...
4 days ago • SeattlePI.com

TORONTO (AP) โ€” The U.S. State Department says Chinaโ€™s death sentence against a Canadian man is โ€œpolitically motivated.โ€ Wednesdayโ€™s statement from U.S....
1 day ago • Seattle Times

European stocks fell in cautious trade Thursday, with renewed U.S.-China trade tensions, weak results from French bank Societe Generale and concerns over the...
13 hours ago • RTTNews

DETROIT (AP) โ€” Chinese automaker GAC Motor says the U.S.-China trade war has delayed its plans to enter the American market. Company President Yu Jun said...
3 days ago • SeattlePI.com

North Korean leader Kim Jong Un was in Beijing for a surprise visit with Chinese President Xi Jinping. The visit came as trade talks between the U.S. and China...
1 week ago • CBS News

BEIJING (AP) โ€” Most Asian markets have opened lower after China and the U.S. wrapped up trade talks without indicating if they made progress on resolving a...
1 week ago • SeattlePI.com

You might like