China has offered U.S. President Donald Trump a package of proposed purchases of American goods and other measures aimed at reducing the U.S. trade deficit with China by some $200 billion a year, U.S. officials familiar with the proposal said.

But China's Foreign Ministry on Friday denied Beijing has offered such a deal, according to CNBC, a U.S. news outlet.

According to the U.S. officials, the offer came during the first of two days of U.S.-China trade talks in Washington aimed at resolving tariff threats between the world's two largest economies, but it was not immediately clear how the total value was determined.