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China halts U.S. sorghum dumping probe amid signs of trade thaw

Reuters  |  BEIJING/WASHINGTON 

By Tony Munroe and Steve HollandBEIJING/WASHINGTON (Reuters) - China said on Friday it was dropping an anti-dumping probe into imports of U.S. sorghum, a conciliatory gesture as top officials meet in Washington in an effort to head off a trade war between the world's two biggest economies.Beijing's announcement that it was ending its investigation, which effectively halted a trade worth roughly $1.1 billion last year, came hours after U.S. officials familiar with the matter said China was offering a package to slash the U.S. trade deficit by up to $200 billion."The imposition of anti-dumping ...

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First Published: Fri, May 18 2018. 09:32 IST
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