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China denies it has offered a $200 billion package to slash U.S. trade gap

Reuters  |  BEIJING 

By Michael Martina and Tony MunroeBEIJING (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 anti-dumping probe into U.S. sorghum imports in a conciliatory gesture as top negotiators meet 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."This rumour is not true. This I can confirm to you," Chinese foreign ministry spokesman Lu Kang ...

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First Published: Fri, May 18 2018. 17:53 IST