Trump rejects Chinese proposal to reduce overcapacity of steel

US President Donald Trump rejected a Chinese proposal last month to reduce the overcapacity of steel, even though the proposal had been approved by the president's most senior advisers.

BY RITZAU FINANS

US President Donald Trump rejected an offer last month from China to reduce the excess capacity of steel, despite the fact that the proposal had already been approved by the president's senior officials, reports the Financial Times.

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