Posted on Thursday, May 17th, 2018 By The Associated Press
In this April 6, 2018, file photo, containers are loaded onto a cargo ship at the port in Qingdao in east China's Shandong province. China said Thursday, May 17, 2018, it doesn't want to see increased trade tensions with the U.S. as the two countries hold talks in Washington this week, but it's prepared for any outcome and will defend its own interests. (Chinatopix via AP, File)
HONG KONG (AP) — As China-U.S. trade talks resume in Washington, China says it is dropping an anti-dumping investigation into imported U.S. sorghum, saying it is not in the public interest.
The Commerce Ministry said in a statement Friday that it was ending the probe because it concluded that "anti-dumping and countervailing measures" on imports would have affected the cost of living for Chinese consumers.
The ministry started investigating U.S. sorghum earlier this year after finding that large volumes and falling prices hurt Chinese producers.
The probe had sparked fears among American farmers that they would lose their largest export market for the crop.
The announcement comes as senior Chinese and U.S. officials hold more talks in Washington aimed at averting a trade war between the world's two biggest economies.