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

Wochit - May 18, 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..

Advertisement

Recent related news

Washington (UPI) Aug 13, 2018 After soaring last year, U.S. crude oil exports to China have started to slow down because of trade concerns and price...
1 week ago • Energy Daily

WASHINGTON (AP) — The top White House economic adviser confirms that China will send a trade envoy to Washington this month for talks to defuse an escalating...
4 days ago • SeattlePI.com

BEIJING (Reuters) - China's Defence Ministry has lodged a complaint with the United States about a Pentagon report that said China's military was likely training...
3 days ago • Firstpost

ARLINGTON, Va.--(BUSINESS WIRE)--#ARCdata--Airlines Reporting Corp. (ARC) announced today that the consolidated dollar value of airline tickets sold by...
13 hours ago • Business Wire

You might like