• China Said to Offer President Trump a $200 Billion Cut in U.S. Trade Deficit

    2 monthes ago - By Fortune

    China has offered President Donald Trump a $200 billion reduction in its annual trade surplus with the U.S. by increasing imports of American products and other steps, said a Trump administration official.
    China made the offer during talks in Washington this week as Chinese Vice Premier Liu He visited to try to resolve a trade dispute, the official said, speaking on condition of anonymity. Liu met with Trump Thursday afternoon at the White House. The official didn't describe the U.S. response.
    U.S. officials conveyed the president's goal for a fair trading relationship with China and the...
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  • A Trump Official Said China Offered a $200 Billion Cut to Its U.S. Trade Surplus. China's Not So Sure

    2 monthes ago - By Fortune

    China cast doubt on reports that it had offered to reduce its annual trade surplus with the U.S. by $200 billion through increased imports of American products.
    The offer was made during talks in Washington this week as Vice Premier Liu He visited to try to resolve a trade dispute, according to a Trump administration official who spoke on condition of anonymity. On Friday, two posts on Chinese state social media disputed the report, and a foreign ministry official said no such offer had been made, to his knowledge.
    In a sign that the Chinese government is seeking a conciliatory stance, on...
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    2 monthes ago - By Business Insider

    Here is what you need to know.
    China says it did not offer Trump a deal to slash the trade gap by $200 billion. Hours earlier, it dropped an anti-dumping probe into US sorghum imports in a conciliatory gesture as top officials meet in Washington, Reuters says.
    Japanese inflation is moving further away from the Bank of Japan's 2% target. Core inflation, which excludes fresh food, rose by just 0.7% in the year to April, down from the 0.9% print in March, Japanese government data showed.
    US companies are returning cash to shareholders at a record pace - and that's fueling everyone's biggest...
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  • China denies it has offered a $200 billion package to slash U.S. trade gap

    2 monthes ago - By Reuters

    BEIJING - 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.
    Read more ...

     

  • A Trump Official Said China Offered a $200 Billion Cut to its U.S. Trade Surplus. China's Not So Sure

    2 monthes ago - By Fortune

    China cast doubt on reports that it had offered to reduce its annual trade surplus with the U.S. by $200 billion through increased imports of American products.
    The offer was made during talks in Washington this week as Vice Premier Liu He visited to try to resolve a trade dispute, according to a Trump administration official who spoke on condition of anonymity. On Friday, two posts on Chinese state social media disputed the report, and a foreign ministry official said no such offer had been made, to his knowledge.
    In a sign that the Chinese government is seeking a conciliatory stance, on...
    Read more ...

     

  • China denies it offered package to slash U.S. trade gap by $200 billion

    2 monthes ago - By Reuters

    BEIJING - 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 officials meet in Washington.
    Read more ...