- Trade talks in Washington... China has reportedly extended an olive branch to the U.S. by dropping an anti-dumping probe into imports of American sorghum, which effectively halted a trade worth roughly $1.1B last year.
- Beijing also offered to slash the U.S. trade deficit by up to $200B, which is seen as benefiting U.S. aircraft maker Boeing (NYSE:BA) and producers of U.S. farm products including fruit, nuts, pork and wine.
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Update: China's Foreign Ministry has shot down reports of the $200B trade surplus cut.
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